Broadcasting & Cable: As ESPN loses subscribers to cord-cutting, Disney is likely to be asked about the likelihood that the sports network would create an over-the-top direct to consumer product on its next earnings call. One analyst says that ESPN would be running towards the wrong goal line. “If ESPN went OTT,” says Todd Juenger, analyst at Sanford C. Bernstein, “we think other networks would respond in kind, and perhaps millions of households would drop cable to avoid ESPN and take advantage of the rich array of entertainment video options.”