The CEO of CBS has been very vocal today and says that CBS will stream sports offerings, dealing a blow to Disney (DIS) and ESPN. He believes ESPN’s coverage is antiquated. He went on to say that his company didn’t need to spend a “zillion dollars” on BAMTech to make streaming sports happen. The company’s existing streaming service, CBS All Access, has been steadily building subscribers with an offering that includes live local sports and news coverage. This war comes at a time where ESPN is bleeding red financially, and can’t seem to stay out of politics when it should be covering sports.
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