How Skipper Resignation at ESPN Will Affect Disney Stock

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.

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

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

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

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

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