Fox Reports Drop in Net Income, ESPN Valued at $24 Billion

Fox Corp. reports a 33% drop in net income due to higher sports programming costs, while ESPN, owned by Disney, could be valued at $24 billion and attract potential investments from tech giants. Charter-Disney dispute leads to 100,000 cable losses, resulting in a total loss of 320,000 residential video subscribers in the third quarter. Disney's ESPN segment experiences a decline in profits and plans to make ESPN available as a streaming service.