A new filing from Disney today indicates that profits from the company’s sports division have fallen 20% throughout the first nine months of 2023. Operating income for the brand’s sports arm dropped to $1.48 billion, and revenue fell to $13.2 billion, a decrease of 1.3%.
Disney has struggled with its sports programming as customers move away from traditional cable TV. The media giant has plans to offer an ESPN streaming service for those who have abandoned the brand’s cable channel.
This is the first time Disney has broken out numbers for ESPN and its sports division, which also includes Star-branded sports channels in India, eight domestic ESPN-branded channels, and ESPN on ABC.
According to the filing, the drop is primarily due to an operating loss at Star India sports. As a standalone business, ESPN’s operating income was $1.894 billion.
In July, Disney’s Chief Executive Bob Iger said the company hoped to...
Disney has struggled with its sports programming as customers move away from traditional cable TV. The media giant has plans to offer an ESPN streaming service for those who have abandoned the brand’s cable channel.
This is the first time Disney has broken out numbers for ESPN and its sports division, which also includes Star-branded sports channels in India, eight domestic ESPN-branded channels, and ESPN on ABC.
According to the filing, the drop is primarily due to an operating loss at Star India sports. As a standalone business, ESPN’s operating income was $1.894 billion.
In July, Disney’s Chief Executive Bob Iger said the company hoped to...
- 10/19/2023
- by Stephanie Kaloi
- The Wrap
Updated, July 31: Longtime ESPN NBA announcer Mark Jackson has joined the ranks of on-air talent laid off of late by the network. Almost exactly a month ago, Jackson’s broadcast partner (and former coach) Jeff Van Gundy was among the 20-odd boldfaced names let go by the network. See the list below. Since then, speculation has abounded about Jackson’s fate. That speculation came to an end today.
Previously, June 30: On the same day ESPN ran special extended coverage of player comings and goings during NBA Free Agency, about 20 of the network’s top on-air talent found out they would be on the move, as well.
A person familiar with the cutbacks told Deadline they are unrelated to the multi-round Disney layoffs implemented in recent months. The source indicated that many of those affected by the new cuts have contracts beyond June 30 and will be paid out accordingly,...
Previously, June 30: On the same day ESPN ran special extended coverage of player comings and goings during NBA Free Agency, about 20 of the network’s top on-air talent found out they would be on the move, as well.
A person familiar with the cutbacks told Deadline they are unrelated to the multi-round Disney layoffs implemented in recent months. The source indicated that many of those affected by the new cuts have contracts beyond June 30 and will be paid out accordingly,...
- 8/1/2023
- by Tom Tapp
- Deadline Film + TV
Paul Finebaum, an ESPN contributor for a decade, is weighing in on the layoffs that saw about 20 on-air personalities exit the sports network.
“It’s pretty tough, and I say that loving my job and loving the company,” Finebaum said during an appearance on The Marchand and Ourand Sports Media Podcast. “But it was the worst day in my 10 years at ESPN. I can’t explain Bob (Iger’s) thinking. I think you have to trust his track record, but it doesn’t really excuse the state of mind that a lot of us, if not all of us, were in.”
He continued, “And I say as an employee nobody knew Friday. Especially those of us who were on the air whether we would be around at the end of the day. I’ll spare you a lot of the things that have been said on Twitter and on social...
“It’s pretty tough, and I say that loving my job and loving the company,” Finebaum said during an appearance on The Marchand and Ourand Sports Media Podcast. “But it was the worst day in my 10 years at ESPN. I can’t explain Bob (Iger’s) thinking. I think you have to trust his track record, but it doesn’t really excuse the state of mind that a lot of us, if not all of us, were in.”
He continued, “And I say as an employee nobody knew Friday. Especially those of us who were on the air whether we would be around at the end of the day. I’ll spare you a lot of the things that have been said on Twitter and on social...
- 7/9/2023
- by Armando Tinoco
- Deadline Film + TV
Pat McAfee recently struck a deal to bring his namesake sports commentary show to ESPN. The former NFL player has been receiving backlash after the sports network announced layoffs and many viewers are correlating that it has to do with McAfee.
McAfee, who is also an analyst on ESPN’s College GameDay, took to Twitter to clear things up and address the “mass exits.”
“I did a lot of reflecting about our show’s journey while I was getting murdered on the internet today (hell yeah).. all roads lead back to how honored I am to be the leader of such a talented group and how lucky I am to be a part of this team,” he tweeted.
He continued, “We’re very pumped to be joining ESPN and our goal is that ‘Mass exits’ are never a thing again.. we hope to help that.. obviously that’s a lofty goal but,...
McAfee, who is also an analyst on ESPN’s College GameDay, took to Twitter to clear things up and address the “mass exits.”
“I did a lot of reflecting about our show’s journey while I was getting murdered on the internet today (hell yeah).. all roads lead back to how honored I am to be the leader of such a talented group and how lucky I am to be a part of this team,” he tweeted.
He continued, “We’re very pumped to be joining ESPN and our goal is that ‘Mass exits’ are never a thing again.. we hope to help that.. obviously that’s a lofty goal but,...
- 7/2/2023
- by Armando Tinoco
- Deadline Film + TV
ESPN has let go of about 20 on-air personalities who have now taken to social media to react to the news following the cuts.
David Pollack shared a message with his followers on Twitter after news broke that he was one of the talents who got laid off from the sports network.
“I won’t be brought back to College GameDay next year or to ESPN and just wanted to say thank you to so many people. I just appreciate everybody along the journey,” the former NFL player said in his video statement. “You know, 12-13 years ago, ESPN taking a chance on me and all the people that I got to work with.”
He continued, “I got to work with so many great people and do so many things, that was so awesome for so many years and I’m just very, very thankful for it. And I don’t know what’s next,...
David Pollack shared a message with his followers on Twitter after news broke that he was one of the talents who got laid off from the sports network.
“I won’t be brought back to College GameDay next year or to ESPN and just wanted to say thank you to so many people. I just appreciate everybody along the journey,” the former NFL player said in his video statement. “You know, 12-13 years ago, ESPN taking a chance on me and all the people that I got to work with.”
He continued, “I got to work with so many great people and do so many things, that was so awesome for so many years and I’m just very, very thankful for it. And I don’t know what’s next,...
- 7/1/2023
- by Armando Tinoco
- Deadline Film + TV
More than a dozen on-air personalities are being dropped by ESPN as part of an overall cost-cutting measure at the network.
NFL great Keyshawn Johnson, who became one of ESPN Radio’s top morning show personalities; Johnson’s former co-host Max Kellerman; basketball coach-turned-analyst Jeff Van Gundy; and NBA star Jalen Rose, who went on to become a commentator for the network, have all been let go, our sister site Deadline reports.
More from TVLineTVLine Items: ESPN's Serena Williams Docuseries, Joe Pickett Trailer and MoreNFL, ESPN Clash Over On-Air Reports That Teams Were Given '5 Minutes' to Warm Up, After...
NFL great Keyshawn Johnson, who became one of ESPN Radio’s top morning show personalities; Johnson’s former co-host Max Kellerman; basketball coach-turned-analyst Jeff Van Gundy; and NBA star Jalen Rose, who went on to become a commentator for the network, have all been let go, our sister site Deadline reports.
More from TVLineTVLine Items: ESPN's Serena Williams Docuseries, Joe Pickett Trailer and MoreNFL, ESPN Clash Over On-Air Reports That Teams Were Given '5 Minutes' to Warm Up, After...
- 6/30/2023
- by Andy Swift
- TVLine.com
The College Football Playoff National Championship pitting No. 1 Alabama and No. 3 Georgia is set to kick off Monday at 8 p.m. Et/5 p.m. Pt on ESPN, the hub of the network’s “MegaCast” coverage across 13 brands and platforms including Spanish-language ESPN Deportes, the ESPN app, the SEC Network and ESPN Radio.
The game, from Lucas Oil Stadium in Indianapolis, pits Alabama, looking to repeat as champions after winning in three of their past five appearances in the title game, against rival Georgia, this after the Crimson Tide beat the Bulldogs in the SEC championship game December 4 — Alabama’s seventh consecutive win against their conference rivals (that win streak includes a 26-23 victory in the 2018 title game).
Pre-game coverage begins with Championship Drive followed by the network’s flagship College GameDay led by host Rece Davis and analysts Kirk Herbstreit, Desmond Howard, David Pollack and Lee Corso.
On social media,...
The game, from Lucas Oil Stadium in Indianapolis, pits Alabama, looking to repeat as champions after winning in three of their past five appearances in the title game, against rival Georgia, this after the Crimson Tide beat the Bulldogs in the SEC championship game December 4 — Alabama’s seventh consecutive win against their conference rivals (that win streak includes a 26-23 victory in the 2018 title game).
Pre-game coverage begins with Championship Drive followed by the network’s flagship College GameDay led by host Rece Davis and analysts Kirk Herbstreit, Desmond Howard, David Pollack and Lee Corso.
On social media,...
- 1/10/2022
- by Patrick Hipes
- Deadline Film + TV
When San Francisco broke heat records in 2017, with 106-degree temperatures in September, psychiatrist Robin Cooper didn’t hear until after the fact that one of her patients had been feeling dizzy and feverish. One day, he’d fainted in his poorly ventilated workspace. Emergency room doctors had surmised he’d had a virus. But Cooper warned him it could actually be a drug she’d prescribed him interacting with the extreme heat. Certain antipsychotic medications, often used in treating schizophrenia and bipolar disorder, can impair the body’s ability to cool itself.
- 5/16/2019
- by Andrea Marks
- Rollingstone.com
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