Wall Street Is Overreacting to New Sports Joint Venture, Says EW Scripps CEO

Wall Street Is Overreacting to New Sports Joint Venture, Says EW Scripps CEO

Even if Disney and Warner Bros. Discovery are able to juice subscriber additions by bundling the new service with existing streaming services Disney+, Hulu and Max, EW Scripps CEO Adam Symson noted the service should be viewed by investors as supportive of broadcast stations.