For decades, the biggest star at ESPN was ESPN. That’s changing as it transitions from cable dominance to a much less certain streaming future.
Category: ESPN
Nantucket home sells to Barstool’s Dave Portnoy for record $42M
Portnoy’s waterfront home purchase set a new record for Nantucket and the state of Massachusetts. The estate features a main house, guest house and studio that are connected by an underground tunnel.
How ESPN Went From Disney’s Financial Engine to Its Problem
The sports juggernaut continues to earn billions of dollars for Disney, but profits are down and opportunities for growth have dwindled.
Disney To Lay Off About 7,000 Employees as It Cuts $5.5 Billion in Costs
In the company’s first earnings report since Bob Iger returned as C.E.O., it exceeded Wall Street’s expectations. But about 7,000 employees are expected to be laid off.