Disney to Launch Standalone ESPN Streaming Service

Disney plans to launch an ESPN-specific streaming service as a standalone subscription-based live sports package.
The service,known by the internal code name "Flagship," is expected to make available ESPN's entire programming lineup.
ESPN+ and its rival Fox Sports are available on Hulu and FuboTV, which focus specifically on live sports.
ESPN charges $8.15 per subscriber each month in license fees to TV operators.
Shares of Disney rose 1.30% Thursday morning to $93.98 following the news.