💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

ESPN announces executive reorganization

Published 06/16/2017, 01:37 PM
Updated 06/16/2017, 01:40 PM
© Reuters. ESPN logo and building are shown in down town Los Angeles, California,
DIS
-

By Jessica Toonkel

(Reuters) - Walt Disney Co's (N:DIS) ESPN has reorganized its top executives, promoting Connor Schell to oversee all of its content creation across digital, TV and print, ESPN President John Skipper said on Friday.

The changes in executive ranks at ESPN come as the sports channel is struggling with subscriber declines as more viewers defect from traditional pay TV services to watch their favorite shows online.

In April, ESPN laid off about 10 percent of its 1,000 on-air staff as part of an effort to respond faster to fan's viewing patterns.

The new role for Schell, 40, will be added to his current responsibilities of overseeing film, original content audio and the company's talent office.

Schell's promotion was one a of a number of executives moves announced, including the departure of 20-year veteran John Kosner, executive v.p. digital and print media.

In addition, Burke Magnus, executive v.p., programming and scheduling, will also oversee BamTech, in which Disney took a $1 billion minority stake last August.

© Reuters. ESPN logo and building are shown in down town Los Angeles, California,

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.