Disney’s ESPN seeks strategic partners to advance sports streaming

Disney’s ESPN is looking for strategic partners and tie-ups to advance the streaming and televised sports content as reports of declining revenue emerge, according to a report by the Wall Street Journal (WSJ).

According to the report, ESPN is planning to make a standalone version of its flagship TV channel as more people are cancelling their subscriptions to multichannel TV services. This may be available in two to three years’ time.

Disney’s CEO Bob Iger also announced that the sports network was open to selling its equity stake. However, many media reports from the United States have stated that Iger still wants to maintain Disney’s majority stake in the sports network.