Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains discusses Disney’s DIS recent quarterly earnings results and dives into everything investors need to know about ESPN+ and the company’s streaming future.Disney reported its Q1 fiscal 2019 financial results last week. Many investors were eager to hear updates about the entertainment giant’s $71 billion deal to acquire vital 21st Century Fox FOXA assets. The company is still waiting on some foreign territory approvals to clear before closing, but it has already cleared most of the major hurdles. The deal will also help bolster Disney’s standing-alone streaming push along with its box office business.Even without the Fox offerings, Disney is prepared to roll out Disney+ this year in order to challenge Netflix NFLX, Amazon AMZN, and eventually Apple AAPL, AT&T T, and others. The company is set to demonstrate and provide more details about the streaming service at its investor day on April 11. Wall Street will closely watch for pricing information and content updates as Disney embarks on a new chapter in its storied history.What we know so far is that Disney has increased its spending as it invests heavily in streaming, which includes its cord-cutter friendly ESPN+ platform. Disney’s sports network streaming service has grown relatively quickly and the company has continued to expand its content offerings from UFC to European soccer. ESPN+, which launched in April 2018 and costs $4.99 a month, doubled its number of paid subscriptions over a five-month period to reach 2 million.Meanwhile, ESPN’s costs have climbed due to contractual rate increases for some of its key products like the NBA and the NFL. Shifting entertainment habits have hurt ESPN, but the company is still able to command one of the highest affiliate costs on TV. Plus, live sports will only become more attractive to advertisers in an age of decentralized entrainment where the likes of YouTube GOOGL, Facebook FB, and even Twitter TWTR stand out. Let’s also not forget that ESPN and ESPN+ could easily make their way into the world of legalized sports betting as professional leagues partner with Caesars Entertainment CZR and MGM Resorts MGM.As a reminder, if you feel that we missed something, or if you have any topic suggestions, shoot us an email at podcast@zacks.com. Make sure to check out all of our other audio content at zacks.com/podcasts, and remember to subscribe and leave us a rating wherever you listen to your podcasts.Is Your Investment Advisor Fumbling Your Financial Future?See how you can more effectively safeguard your retirement with a new Special Report, “4 Warning Signs Your Investment Advisor Might Be Sabotaging Your Financial Future.”Click to get it free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MGM Resorts International (MGM): Get Free Report Caesars Entertainment Corporation (CZR): Get Free Report The Walt Disney Company (DIS): Get Free Report Amazon.com, Inc. (AMZN): Get Free Report Netflix, Inc. (NFLX): Get Free Report Facebook, Inc. (FB): Get Free Report Alphabet Inc. (GOOGL): Get Free Report Twitter, Inc. (TWTR): Free Stock Analysis Report AT&T Inc. (T): Get Free Report Apple Inc. (AAPL): Get Free Report Twenty-First Century Fox, Inc. (FOXA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research