. >> approaching square again cutting back position in sew wet tis soetis. from 5% to 3.8%. >> it is worth noting he had a difficult year. soeti is higher this year. >> he probably should have -- i don't know where he got in. he should have done well with this. it's pushing towards all-time highs. if you want to stay long in this stock, it has to close about 50. i don't think it's particularly expensive. i would be inclined to stay with this and look for a breakup to. >> lots of talk about espn going beyond the bundle. >> reporter: that's right. we're hearing disney is looking at ways to bring sports content to consumers outside the tv bundle. john skipper here along with his boss. they would be the ones who would be negotiating deals with say the nfl and nba who are here in sun valley along with other lead commissioners and team owners. sports was an increasingly large presence in sun valley. it's inevitable that sports will be offered outside traditional paid tv and disney must already be working on options. as well as offering more niche programming optio