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Learnings from #Media and #Telecom earnings so far:
1) When live sports aren't in the bundle, bad things happen.
2) Q2 #CordCutting will render 2H cable fees -LSD w/ Q2 subs down at least 2m (-5.4% YoY).
3) Q3 subs better with the return of live sports.
4) ....
#ESPN, $DIS, https://t.co/aZk3QvZKnp