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Disney (DIS), Nielsen ESPN Dispute Is 'Laughable,' Pivotal Research's Wieser Says

NEW YORK (TheStreet) -- Shares of Disney (DIS) were advancing in late afternoon trading on Friday, after CEO Bob Iger said that he wasn't worried about the deceleration of its ESPN sports channel subscriber growth on CNBC earlier today. The entertainment company has some investors worried after Nielsen reported that ESPN had lost 621,000 subscribers in October.

"We feel really good about ESPN," Iger said in the interview. "We're dealing with some near-term issues on the sub-side. Eyes wide open on that. Not trying to hide anything. But we think long-term prospects for ESPN are just fine."

Earlier today, Pivotal...