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Disney is considering selling ESPN and looking for a strategic partner due to cord-cutting. The history and decline of ESPN is explored. The convenience of cable TV and Rocket Money, a subscription management app, is discussed. The changing landscape of sports broadcasting and the challenges faced by non-tech savvy fans are highlighted.
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Quick takeaways
- Disney is looking for a strategic partner to invest in ESPN amidst the challenges of cord-cutting and declining subscriber base.
- The rise of streaming services and personalized media consumption requires ESPN to adapt to a fragmented sports broadcasting landscape.
Deep dives
Bob Iger's uncertainty about selling ESPN
Bob Iger, CEO of Disney, has expressed uncertainty about selling ESPN. While he insists that Disney does not want to sell the sports network, he is open to finding a strategic partner for ESPN, someone who could buy the company or invest in a portion of it. This highlights the changing landscape of the media industry and the need for new approaches to sustain ESPN's value.
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AI-powered
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Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode