DIS Accelerating Streaming Reach, PSKY Pens $1.1B UFC Deal

CFRA's Ken Leon believes Walt Disney (DIS) is "moving on its front foot" in streaming. He says the company is now utilizing all arms of entertainment, adding that a "reenergized" ESPN will give Disney shares more room to run. Gerald Sparrow adds that Disney's other businesses, like parks and cruises, adds a value cushion to the stock. Newly-merged Paramount Skydance (PSKY) is also making moves with its seven-year deal with UFC, worth $1.1 billion per year.

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