The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. Segments The company’s segments include Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive. Media Networks Segment The Media Networks segment includes cable and broadcast television networks, television production operations, television distribution, domestic television stations, and radio networks and stations. The businesses in the Media Networks segment generate revenue from fees charged to cable, satellite and telecommunications service providers (multi-channel video programming distributors or MVPDs) and television stations affiliated with the company’s domestic broadcast television network for the right to deliver its programs to their customers/subscribers (affiliate fees), from the sale to advertisers of time in programs for commercial announcements (ad sales) and from other sources, such as the sale and distribution of television programming (program sales). Cable Networks The company’s cable networks include ESPN, the Disney Channels and ABC Television Network (ABC) Family. The company also operates the Hungama and UTV/Bindass networks in India. The cable networks group produces its own programs or acquires rights from third parties to air programs on its networks. The company also has interests in joint ventures that operate cable and broadcast programming services and are accounted for under the equity method of accounting. The company’s cable networks provide programming and other services under multi-year agreements with MVPDs that include contractually determined fees. The company sells programming developed by its cable networks in television markets worldwide, to subscription video-on-demand (SVOD) services, such as Netflix, Hulu LLC (Hulu) and Amazon, and in electronic and physical (DVD and Blu-ray) formats. ESPN ESPN is a multimedia sports entertainment company that operates eight 24-hour domestic television sports networks: ESPN, ESPN2, ESPNU (a network devoted to college sports), ESPNEWS, the Securities and Exchange Commission (SEC) Network (a sports programming network dedicated to Southeastern Conference college athletics), ESPN Classic, the regionally focused Longhorn Network (a network dedicated to The University of Texas athletics) and ESPN Deportes (a Spanish language network), which are all simulcast in high definition except ESPN Classic. ESPN programs the sports schedule on the ABC Television Network, which is branded ESPN on ABC. ESPN owns 17 television networks outside of the United States (primarily in Latin America) that allow ESPN to reach sports fans in approximately 60 countries and territories in 4 languages. In addition, ESPN holds a 30% equity interest in CTV Specialty Television, Inc., which owns television networks in Canada, including The Sports Network, The Sports Network 2, Le Reseau des Sports (RDS), RDS2, RDS Info, ESPN Classic Canada, the NHL Network and Discovery Canada. ESPN holds rights for various professional and college sports programming, including the National Football League (NFL), college football (including bowl games and the College Football Playoff) and basketball, Major League Baseball (MLB), the National Basketball Association (NBA), the Wimbledon Championships, US Open Tennis, soccer and the Masters golf tournament. ESPN also operates ESPN.com; WatchESPN; ESPN3 and SEC Network + –; ESPN Events; ESPN Radio; ESPN The Magazine; ESPN Enterprises; and espnW. ESPN.com: Delivers sports news, information and video on computers and mobile and other connected devices. WatchESPN: Delivers live streams of most of ESPN’s domestic networks on computers and mobile and other connected devices to authenticated MVPD subscribers. Non-subscribers have limited access to certain content on select Watch platforms. ESPN3 and SEC Network + –: Theses are ESPN’s live multi-screen sports networks that deliver exclusive sports events. ESPN3 and SEC Network + are accessible on WatchESPN. ESPN Events: Owns and operates a portfolio of collegiate sporting events, including bowl games, football pre-game
walt disney co/the (DIS:New York)
500 South Buena Vista Street
Burbank, CA 91521
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