Tag: ESPN

ESPN's gradual embrace of sports betting may pick up steam as it looks to license its brand to sportsbooks. (Image: Getty)

Disney’s ESPN Sports-Betting Deals Could Net $3 Billion

Walt Disney’s ESPN is looking to generate more than $3 billion in sports-betting licensing deals. Once reluctant to associate with gambling, the multimedia company has gradually changed its tune. Initially tentative to offer sports-betting content, the company is now looking to leap into ESPN-branded sportsbooks. According to the Wall Street […]

ESPN and the NHL have agreed to a seven-year broadcasting deal that includes the rights to four Stanley Cup Finals. (Image: AP)

NHL Returning to ESPN Thanks to New Seven-Year Broadcast Deal

It’s been more than 15 years since ESPN last broadcast NHL games on its family of networks, but that will change in 2022, thanks to a new seven-year deal that includes the rights to four Stanley Cup Finals. Multiple media outlets reported on Tuesday that ESPN and the NHL reached […]

The Mumbai Indians beat the Chennai Super Kings in a stunning 2019 final. Disney now owns IPL streaming rights. (Image: Robert Cianflone/Getty)

Disney Posts Upside Earnings Surprise Thanks to Cricket

Cricket and sports betting came up multiple times during Walt Disney’s earnings call on Thursday. It was a knuckleball for Disney analysts who normally focus on theme parks and movies. They failed to predict the impact of Disney’s newest revenue streams. Disney’s parks can’t operate at full capacity, due to […]

NFL Wild-Card Weekend Ratings Sag Despite Expanded Format

NFL Wild-Card Weekend Ratings Sag Despite Expanded Format

The NFL’s expanded slate on wild-card weekend, with several networks opting to expand their footprint by simultaneously broadcast on alternate networks or streaming, did not yield a ratings bonanza. Instead, overall viewer numbers were down year over year and in some cases were the lowest in five years or more. […]

Entain CEO Segev Bounces for DAZN in Wake of Attempted MGM Takeover

Entain CEO Segev Bounces for DAZN in Wake of Attempted MGM Takeover

Entain CEO Shay Segev announced he is leaving his post less than a week after the company turned down an $11 billion takeover offer from online betting partner MGM. Segev said he’s headed to digital sports broadcaster DAZN and will join James Rushton there as a co-CEO. Speculation has run […]

College Football Playoff Viewership Remains Strong Even with Pandemic

College Football Playoff Viewership Remains Strong Even with Pandemic

While the NFL, NBA, MLB, and NHL have suffered rating sags since the COVID-19 virus touched down in the U.S. last spring, ESPN’s New Year’s Day bowl broadcast numbers remained steady compared with the previous six years of the format, averaging close to 19 million viewers across its pair of […]

ESPN Plus to Feature Betting Commentary for NFL Wild Card ‘MegaCast’

ESPN Plus to Feature Betting Commentary for NFL Wild Card ‘MegaCast’

With tech giants like Amazon emerging as players in NFL broadcasting, ESPN is staking its reputation on streaming this weekend with its first-ever NFL “MegaCast.” The idea is to broadcast the Ravens vs. Titans wild-card game at 1:O5 p.m. ET across six Disney-owned networks with different viewer experiences on each. […]

Disney Bets on ESPN Plus Subscribers Paying More for UFC Pay-Per-View

Disney Bets on ESPN Plus Subscribers Paying More for UFC Pay-Per-View

UFC regulars will pay more to watch premiere fights starting Friday, as ESPN Plus will up its pay-per-view rates on select matches. The price increase coincides with parent company Disney’s focus on streaming services and partnerships with sports betting operations. ESPN’s streaming service is the exclusive broadcast home of the […]

Rose Bowl Relocates to Texas as LA County ICUs Hit Capacity

Rose Bowl Relocates to Texas as LA County ICUs Hit Capacity

It looks like the coaches and committee members who complain the loudest get their way, as the College Football Playoff semifinal scheduled for the Rose Bowl on Jan. 1 is moving to AT&T Stadium in Arlington, Texas. The announcement came Saturday night as the Tournament of Roses was denied a […]

Disney Goes All-In With Caesars, DraftKings, and SEC Deal in Effort to Save ESPN

Disney Goes All-In With Caesars, DraftKings, and SEC Deal in Effort to Save ESPN

Last week, Disney officials announced several initiatives that will pivot the media behemoth toward a future focused on online sports gambling. At its Investor Day last Thursday, Disney executives highlighted ESPN’s multi-year partnership with Caesars Entertainment signed in September. The deal includes link integrations from ESPN’s digital platforms to William […]

DraftKings’ Q3 Gains Create Stock Surge, But is Success Sustainable?

DraftKings’ Q3 Gains Create Stock Surge, But is Success Sustainable?

Buoyed by a trio of new states approving gambling on Election Day and continued progress with professional sports partnerships, DraftKings reported some big third quarter wins on Friday. As a result, shares of DraftKings stock jumped more than 10% to end the week after the company released blockbuster quarter-end totals, […]

ESPN Eliminates 500 Jobs, 300 Through Layoffs

ESPN Eliminates 500 Jobs, 300 Through Layoffs

ESPN’s financial woes, exacerbated by the COVID-19 pandemic, have resulted in a massive layoff of 300 staffers along with the elimination of 200 currently unfilled job openings.  The layoffs will be spread throughout the sports cable empire, with on-air personnel being spared initially, according to a memo from ESPN Chairman […]

Former ESPN media technology leader is making the jump into the gambling industry by signing on with BeetMGM. (Image: ESPN)

BetMGM Signals Shift to Content and Social with Key ESPN Hire

In a move that portends an emergence as a content and social media juggernaut, BetMGM Tuesday hired Ryan Spoon, ESPN’s senior vice president of digital and social content. Spoon will depart ESPN’s Bristol headquarters to step in as chief operating officer at BetMGM, the New Jersey-based sports gambling venture owned […]