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DIS / Dave Portnoy back on the throne at Barstool as Penn teams up with Disney

Dave Portnoy is taking back the reins at Barstool Sports buying back the media company from Penn Entertainment (NASDAQ:PENN), as a side-deal to the casino and betting group's market-shaking new team-up with Disney's (NYSE:DIS) ESPN. Portnoy - the podcaster, social media personality and media entrepreneur that launched Barstool Sports in 2003 - is buying back Barstool just five months after Penn took full ownership for an aggregate cost of US$551 million. Read More

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Posted: Aug 8 2023, 18:28

Author Name: Proactive Investors

DIS News

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Disney reports next week: Here's what to expect

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By The Motley Fool
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Disney Q4 Preview: Can Shares Turnaround?

We've got another full slate of earnings next week, with a wide variety of companies slated to report.

By Benzinga
November 2, 2023

Disney's Kingdom Shaken As Activist Investor Stirs Up Boardroom With Bold Stock Play - Walt Disney (NYSE:DIS)

Media giant The Walt Disney Company DIS has had a rough 2023 with the company's share price hitting lows not seen in about a decade.

By Proactive Investors
November 2, 2023

Disney bets billions on Hulu acquisition to shore up streaming strategy

The Walt Disney Company (NYSE:DIS) is set to acquire Comcast (NASDAQ:CMCSA)'s one-third stake in Hulu for an expected $8.61 billion, putting the strea

By CNBC Television
November 2, 2023

Hulu can help bring ads to the rest of the Disney ecosystem, says Puck's Matt Belloni

Matt Belloni, Puck founding partner, joins 'Squawk Box' to discuss Disney's purchase of Comcast's stake in Hulu, where the entertainment giant will pa

By TechXplore
November 2, 2023

Disney to complete takeover of Hulu with $8.6 bn deal

The Walt Disney Company on Wednesday announced it will buy Comcast's $8.6 billion stake in Hulu, completing its takeover of the streaming service.

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