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ESPN chairman Jimmy Pitaro downplays potential spinoff from Disney
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ESPN chairman Jimmy Pitaro downplays potential spinoff from Disney
As Disney prepares to introduce Josh D’Amaro as its new CEO next month, rumors about the company’s plans for ESPN have taken center stage. D’Amaro, who will replace longtime Disney CEO Bob Iger, worked his way up through the company’s experiences division that oversees Disney’s parks and cruises. That portion of the business has become the cash cow for Disney in recent years, earning about $10 billion in operating income last year, per the compa…
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