Tag: Jimmy Pitaro
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ESPN Celebrates Successful Six Months in 2024
ESPN is celebrating six months of success. Today, Jimmy Pitaro, Chairman of ESPN, released a statement about the successes of ESPN this year. “The first half of 2024 reinforced the effectiveness of our clear, go-forward strategy,” Pitaro said. “Initiatives like Venu Sports’ forthcoming launch, the opening of ESPN BET’s first retail sportsbook and our Disney…
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Disney Reveals Just How Profitable ESPN Is
The Walt Disney Company has revealed new numbers under it’s restructured business plan that shows just how much ESPN is worth to the company. After the return of Disney CEO Bob Iger to the head of the company, it was restructured into three main segments. Disney’s three main segments are now: New SEC filings show…
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ESPN to Launch ESPN BET in a New Agreement with PENN Entertainment
ESPN today announced an agreement with PENN Entertainment to launch ESPN BET, a branded sportsbook for fans in the United States. PENN Entertainment will rebrand its current sportsbook and relaunch as ESPN BET, effective this Fall in the 16 legalized betting states where PENN Entertainment is licensed. The rebrand includes the mobile app, website, and…
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Disney CEO Bob Iger Brings Back Former Disney Execs Kevin Mayer, Tom Staggs to Strategize Future of Legacy TV
Bob Iger is looking to the future by going to the past. Iger has brought in former Disney Execs Kevin Mayer, Tom Staggs, to help advise on the future of Disney’s legacy TV assets. The duo have been brought in to discuss paths forward for the legacy TV assets, including the possible sales of these…
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ESPN Held Talks With The NBA, NFL, and MLB About Potential Strategic Partnership
A week after Disney CEO Bob Iger talked about the possibility of bringing a strategic partnership to ESPN, it now appears that early discussions have been had to do just that. CNBC is reporting that ESPN has held early discussions with the NBA, NFL, and MLB about a potential strategic partnership. Disney CEO Bob Iger…
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Disney Releases More Details on Restructuring Including Creative Control and Accountability
One day after announcing its restructuring, The Walt Disney Company is sharing more information about how that will exactly be implemented. In a lengthy release, Disney shared what the individual segments will be and who will be leading them. There are also biographies about the new heads of the segments. Along with restructuring the company,…
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The Walt Disney Company Restructured Once Again Under CEO Bob Iger
The Walt Disney Company has been restructured once again under the leadership of CEO Bob Iger. Iger shared the new plan that is effective immediately on an earnings call, the first since his return to the role of CEO. The announcement of the new structure came as no surprise. It has been in the works…
