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Season 4, Episode 1: ESPN
Acquired
Disney Acquiring ABC Slash Capital Cities Containing ESPN
Disney acquired ABC slash capital cities containing ESPN for 19 billion dollars. If half of your operating income as an entire company is coming from ESPN, you know, within a decade of the acquisition, no matter what you paid for it and at 19 billion,. I forget what Disney's market cap was at the time. But with plenty of fudge factor based on what these numbers were that we don't have at our fingertips, I'm fairly confident it was an A. Now, when we talk about Starwave and ESPN going forward- We can't promise it will be actually next time, but at some point in the future, unacquired. Carvouts? Carvouts. My carve
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