Tag: Bob Iger

The Walt Disney Company released its fiscal third quarter earnings on Wednesday, surpassing Wall Street estimates with key performance indicators such as revenue and...

During Disney’s quarterly earnings call on Tuesday, Iger stated that ESPN+ would continue to exist as its own service even after the launch of the network’s direct-to-consumer platform.

“There can’t be two top dogs up top pulling in opposite directions. If Norby wasn’t sold on the path forward, it was time to move on.”

The ESPN platform, which is currently being referred to as “Project Flagship,” will be released in 2025 and include the full breadth of its media rights packages in addition to ESPN+, its current subscription-based streaming service.

"This is about partnership and accelerating the launch or the adoption of the ESPN Flagship."

Disney CEO Bob Iger said ESPN's direct-to-consumer offering would launch in 2025, include all of ESPN’s programming, and feature new personalization and integration with ESPN’s fantasy platforms and ESPN Bet.

“ I appreciate Pat’s candor and willingness to call someone out if he feels they've done him wrong, but if there are issues taking place between a top talent and executive, men have to be men and clear the air in private.

“We are fully prepared to do that. It would be a little more challenging if we did.”

For the nine months ending on July 1, 2023, ESPN generated more than $12.5 billion in revenue.

"I am the custodian of the ESPN brand, and we needed to make sure that whoever we went with on this journey was someone that we could trust."