Disney is launching its ESPN direct-to-consumer service, part of its streaming pivot, on August 21. Priced at $29.99/month, it includes sports, betting, and fantasy features. Partnerships with Penn Entertainment, WWE, and the NFL position ESPN for future growth. The NFL deal will add revenue and profits to Disney.

The launch of ESPN DTC is expected to boost Disney’s earnings and subscriber retention. With key live sports events approaching, like college football and the NFL seasons, the service is poised for success in the growing live sports market. Analysts rate Disney a “Strong Buy” with a target price of $134.52.

Disney’s transformation under CEO Bob Iger has made its streaming business profitable, with positive outlooks. Despite reasonable valuations, the stock remains a good investment choice. Analyst Mohit Oberoi holds positions in DIS, NFLX, GOOG, and PENN. All information here is for informational purposes only.

Read more at Yahoo Finance: Dear Disney Stock Fans, Mark Your Calendar for August 21