Aaron LaBerge, the president and chief technology officer of Disney Entertainment and ESPN, is leaving Disney after more than 20 years with the company. Aaron LaBerge to Leave ESPN LaBerge said in a memo to Disney staff on Monday that he had made the decision to leave Disney. This was a personal decision, driven by … Read more
Two U.S. Representatives are concerned about the joint sports streaming venture announced by Disney, Fox Corp., and Warner Bros. Discovery earlier this year. U.S. Representative Share Concerns Over Disney, Fox, Warner Bros. Streaming Venture Rep. Jerrold Nadler (D.-NY), the ranking member of the House Judiciary Committee, and Rep. Joaquin Castro (D.-Texas) sent a letter to … Read more
Disney has launched MyDisney — a new website that allows users to manage their Disney account on one landing page. MyDisney The new unified login experience is available at my.disney.com. Previously, users could use the same login across different Disney websites. This update expands that to all websites owned by Disney and means users will see … Read more
In his first public interview since being fired from Disney, former CEO Bob Chapek talked to CNBC‘s Alex Sherman about the future of ESPN. Bob Chapek Talks About ESPN The interview is part of the documentary “ESPN’s Fight for Dominance.” In response to Sherman’s broad question regarding ESPN’s future in streaming, Chapek said, “I believe … Read more
Fubo, a “sports-first” streaming service, has filed a lawsuit against Disney, Fox, and Warner Bros. Discovery over their previously announced plans to launch a sports streaming app, according to Variety. Fubo Suing Disney & Co. Over Sports Streaming App In the suit filed today, Fubo alleges that Disney, Warner Bros. Discovery, Fox, and their affiliates … Read more
Disney, Fox Corp., and Warner Bros. Discovery will launch a new joint streaming venture bundling all of their sports channels together. New Sports Streaming App The landmark team-up will put Disney’s ESPN, Warner Bros.’ TNT, and Fox Sports all in one app. Each company will own one-third of the app, which will have a new … Read more
Nelson Peltz of Trian Fund Management thinks The Walt Disney Company could achieve profitability in streaming by bundling ESPN+ with a larger player in the streaming arena like Netflix. Nelson Peltz Suggests New Streaming Profitability Plan for Disney Disney’s three streaming services are Disney+, ESPN+, and Hulu. They are currently available individually or bundled together. … Read more
For the third year in a row, CNBC‘s Alex Sherman asked past and current media executives to make predictions about the media landscape in 2024. Predictions shared in Sherman’s 2022 roundup included the returns of Kevin Mayer and Tom Staggs to Disney, CEO Bob Iger extending his contract, and CFO Christine McCarthy leaving the company … Read more
The linear Disney TV networks are “not for sale,” CEO Bob Iger said during the New York Times DealBook Summit on Wednesday. Bob Iger Gives Statement on Potential Sale of Disney TV Networks During a CNBC Squawk Box interview this summer, Iger agreed with David Faber that ABC and other TV stations “may not be … Read more
The Walt Disney Company has temporarily paused advertisement spending on X in light of a controversy surrounding service owner Elon Musk and a new report that found that the popular social media platform has been placing ads for major companies alongside antisemitic content. The New York Times broke the news of Disney’s pause on November … Read more
The Walt Disney Company will soon officially enter the world of sports betting, as a launch date for ESPN BET has been announced. ESPN BET After years of comments by former CEO Bob Chapek and current CEO Bob Iger, who said sports betting was the “inevitable” future of the business, Disney announced a partnership with … Read more
In a regulatory filing, Disney has reported that ESPN profits are down 20%. ESPN Profits Down, Disney Exploring Strategic Options In the first nine months of the fiscal year, Disney’s sports bundle (ESPN, ESPN+, and ESPN television channels) reported profits down 20 percent, to $1.48 billion, as well as a decrease in sales to $13.2 … Read more
Ahead of this weekend’s special Toy Story Funday Football game, which will be animated in real time to put both teams in the world of “Toy Story,” a new photo op for the television event has appeared at Disneyland Resort. Both the animated and non-animated games will air this Sunday, October 1 at 9:30 a.m. … Read more
We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Monday, September 18, 2023. Walt Disney World Magic … Read more
Monday Night Football will soon make its grand (pseudo) permanent return to ABC — the circumstances that have prompted its return, however, are anything but glamorous. The Hollywood Reporter is one of several outlets reporting that the Disney-owned station will air every Monday Night Football game throughout the 2023 NFL season as the ongoing WGA … Read more
Disney and Charter Communications have reached a deal that will see ESPN and all other Disney-owned channels return to Spectrum broadcasting. CNBC’s David Faber first shared word of an impending on the September 11 edition of CNBC’s “Squawk Box,” with both Disney and Charter confirming the deal Monday morning. Disney, Charter Communications Nearing Deal The … Read more