Walt Disney ( (DIS) ) has been popular among investors this week. Here is a recap of the key news on this stock.
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Walt Disney’s ESPN has renewed its partnership with IBM to enhance its Fantasy Football app with AI-driven insights, leveraging IBM’s watsonx platform. This collaboration aims to provide personalized recommendations to over 14 million users, utilizing data from 36 billion points to improve fantasy team management. The new features include categories like ‘Buy Low Sell High’ and ‘Diamond in the Rough,’ offering strategic insights for users. Additionally, Disney’s ESPN has secured significant deals with major sports leagues, including a $1.65 billion agreement with Major League Baseball to integrate MLB.TV into its streaming service. However, these moves have drawn scrutiny from Democratic senators, who express concerns over ESPN’s growing influence in the sports media market, potentially leading to higher costs for consumers.