How Skipper Resignation at ESPN Will Affect Disney Stock

How Skipper Resignation at ESPN Will Affect Disney Stock

Assessment

Interactive Video

Business

University

Hard

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Disney's stock showed little change despite the resignation of ESPN CEO John Skipper due to substance abuse issues. ESPN faces challenges with cord-cutting trends, but Disney plans to launch a sports app in 2019 to counteract this. George Bodenheimer will serve as interim chairman of ESPN. Disney's recent $52 billion acquisition of Fox assets highlights its aggressive strategy to compete with tech giants like Alphabet, Apple, and Netflix.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant event regarding ESPN's CEO was mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the text describe the impact of ESPN's CEO resignation on Disney's stock?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What plans does ESPN have to adapt to changes in consumer behavior?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the amount Disney spent on acquiring Fox assets, as mentioned in the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does Disney face from other companies according to the text?

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