During a Twitter thread Sunday, Loeb said he now "has a better understanding of ESPN's potential as a standalone business and another vertical for Disney to...
“Sports betting is a part of what our younger, say, under-35 sports audience is telling us they want as part of their sports lifestyle,” Chapek said.
"We had no less than 100 inquiries of people that wanted to buy it. What does that tell you?" he said.
"All the hate speech and potential to do as much harm as good. We’re in the business of manufacturing fun at Disney."
“As a management team, we always look at our assets and look at, ‘Is our portfolio made up of the right group of assets?"
A move into sports betting is a logical one, but ESPN must make sure that they avoid many of the same stumbling blocks that FOX Bet...
"Disney has reportedly explored spinning off ESPN, so the latter could pursue sports betting without conflicting with Disney’s family-friendly brand. Although Disney isn't family friendly anymore,...
“ESPN would have greater flexibility to pursue business initiatives that may be more difficult as part of Disney, such as sports betting."
"Oh, I'm saying it was one of the worst acquisitions I've ever seen, not a mistake. They just got had. It's ok. Sometimes you just get...
"Our sports fans that are under 30 absolutely require this type of (sports betting) utility," Chapek said.