Setting the stage for the biggest TV deal in hockey history [Toronto Globe and Mail (Ontario, Canada)]
Walt Disney Company (The) (DIS)
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Source: Toronto Globe and Mail
Open this photo in gallery While the media industry was worrying about declining viewers, readers, listeners, cable subscriptions and broadcast and print advertising in the spring of 2013, the NHL was thinking a nice bump in revenue was just around the corner. NHL commissioner Gary Bettman and John Collins, the league’s chief operating officer and head of marketing, who would negotiate the next national Canadian broadcast contract, were well aware of conventional television’s problems. By this time ESPN, controlled by the Walt Disney Company along with ABC, was feeling the first pinch of being caught in the vise of cord-cutters and rising rights fees. It was a trend that would continue to this day, exacerbated by the slow response of media companies to the problem, with ESPN being the best example … [Bettman and Collins] knew they were in for a big score simply because the big dogs – Bell and Rogers – were probably going to spend like never before. In pre
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Earnings
- 2/7/24 - Beat
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Sec Filings
- 4/17/24 - Form 8-K/A
- 4/9/24 - Form 8-K
- 4/3/24 - Form 8-K
- DIS's page on the SEC website