Even though Disney continues to churn out one big movie hit after another — Marvel’s “Doctor Strange” and the animated “Moana” are the latest blockbusters — investors are still worried about the declining fortunes at the House of Mouse’s sports network. Disney’s stock is down nearly 5% this year, and it has done worse than most of its major media rivals. That’s even led one analyst to speculate about whether or not Disney would be better off without ESPN.
http://money.cnn.com/2016/12/06/investing/disney-espn-spinoff/index.html
