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November 26, 2015 6:26 AM ET


Company Overview of ESPN, Inc.

Company Overview

ESPN, Inc. operates as a multimedia sports entertainment company in the United States and internationally. The company operates radios and cable television networks; and interactive/Internet, broadband, and wireless platforms. It telecasts programming on various sports, such as soccer, rugby, cricket, golf, tennis, basketball, motor racing, and others. The company also provides ESPN Mobile, which offers its content via mobile Web, mobile messaging, applications on smart phones and tablets, and new and emerging mobile technologies; live and on-demand video content through a range of broadband platforms; and consumer products, including apparel, Moto X bikes, skateboards, backpacks, books, and...

545 Middle Street

Bristol, CT 06010

United States

Founded in 1979





Key Executives for ESPN, Inc.

Editor-in-Chief of ESPN com
Chief Financial Officer and Executive Vice President
President of Global Customer Marketing & Sales
Chief Technology Officer and Executive Vice President
Compensation as of Fiscal Year 2015.

ESPN, Inc. Key Developments

ESPN Plans to Eliminate 4.3% of its Workforce

Walt Disney Co.'s ESPN sports network, confronting rising programming costs and a loss of viewers, plans to eliminate as many as 350 positions, about 4.3% of its workforce. The cuts will be announced to employees as early as October 21. The action follows Disney's announcement in August that earnings at its cable networks won't meet company forecasts as a result of subscriber losses and currency translation. That triggered a selloff in the shares of many media companies. Disney had the second-largest long-term commitment to sports programming at $44.2 billion behind only 21st Century Fox Inc. That was before signing a long-term agreement with the NBA.

Multi Screen Media Pvt. Ltd., ESPN Join Hands to Create Co-Branded TV and Digital Platforms in India

Multi Screen Media and ESPN have come together in a long-term agreement to serve sports fans in India and across the Indian subcontinent. Through the collaboration they will bring new offerings to Indian sports fans including new SONY ESPN sports channels and anew multisport website and app. This collaboration between two of the most respected brands in Indian media and sports will provide a powerful portfolio of sports rights and the leading collection of digital sports assets in India. MSM's existing Sony KIX sports channel will be rebranded SONY ESPN and the two companies will launch other new channels in the coming months. Along with SONY SIX, all the channels will deliver a powerful sports lineup to sports fans. In collaboration with MSM, ESPN will launch a co-branded localized multisport website and app, which will provide coverage of cricket, football, tennis, the NBA, badminton, field hockey and more. MSM's SONY LIV will also benefit from the collaboration, increasing its current sports offerings significantly. ESPN cricinfo, the number one digital cricket destination in India and globally, will continue to deliver comprehensive coverage and will complement and cross-promote the new digital properties and sports channels. Among the new co-branded multisport website, and, sports fan will receive sports content from across categories, geographies and time zones.

ESPN Appoints Vikram Somaya as Senior Vice President, Global Data Officer

ESPN announced that Vikram Somaya will serve in the newly created role of SVP, Global Data Officer at ESPN. Somaya will be responsible for leading ESPN's data strategy as well as working closely with the Disney Media Networks to identify new revenue models and drive key sales strategies. Based in New York, he will report to Ed Erhardt, president, Global Sales & Marketing. Somaya joins ESPN from The Weather Company, where as general manager of AdFX and analytics, he oversaw a global team focused on sales efforts geared towards predictive marketing and ad product monetization. During his tenure, Somaya also developed the WeatherFX data management ad platform, which utilizes real time localized data from users to create personalized ad targeting solutions. Prior to that, Somaya was vice president of global operations and audience at Thomson Reuters, administrating the company's global operations and analytics as well as audience derived revenue across various products lines. Additionally, he was responsible for building a successful private programmatic exchange.

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