ESPN deferred an undisclosed portion of its scheduled NBA and MLB media rights payments due to the COVID-19 pandemic suspending their seasons.
Disney/ESPN worked closely with the NBA on its restart on their property in Orlando.
Revenue for the quarter was down 42% to $11.8 billion for Disney as parks plummeted 85% to $983 million and the studio division dropped 55% to $1.74 billion. Media networks were stable, slipping just 2% to $6.56 billion.
ESPN+ has 8.5 million subscribers as of June 27th, which marks a 254 percent lift compared to 2.4 million i the year-ago period.