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    Home » ESPN is cutting about 300 jobs, or 4 percent of staff

    ESPN is cutting about 300 jobs, or 4 percent of staff

    By SHOOTWednesday, October 21, 2015Updated:Tuesday, May 14, 2024No Comments715 Views
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    In this Oct. 6, 2014, file photo, ESPN President John Skipper smiles during a news conference in New York. (AP Photo/Mark Lennihan, File)

    By Tali Arbel, Business Writer

    NEW YORK (AP) --

    Disney's ESPN is cutting about 300 jobs, or 4 percent of its staff, amid signs that the traditional cable bundle is less far-reaching than it once was.

    ESPN spokeswoman Amy Phillips confirmed the number of job losses Wednesday.

    The sports channel is one of the linchpins of the traditional cable bundle of hundreds of channels, which is under pressure from viewers migrating online. A few are choosing to bypass paying for a cable subscription entirely, opting instead for a growing number of choices of online TV alternatives.

    The job cuts are a "necessary part of our continued strategic evolution to ensure ESPN remains the leader in sports as well as the premier sports destination on any platform," said ESPN CEO John Skipper in a memo to employees that was posted online.

    Disney in August trimmed its TV profit outlook because of a loss of ESPN subscribers. ESPN gets money from cable and satellite companies that carry its channels, and it's the most expensive of the basic pay TV channels. Data provider SNL Kagan has estimated that ESPN costs cable and satellite TV companies $6.61 per monthly subscriber.

    So ESPN comes under pressure as people skip the cable bundle or choose cheaper TV packages with fewer channels.

    The company has said that it doesn't expect big declines in traditional TV subscribers over the next few years. But CEO Bob Iger said in August that if the business declines, Disney would consider selling ESPN straight to viewers.

    There are already big media brands doing that, like HBO, CBS and Showtime.

    For affected ESPN employees: Skipper said they would get a minimum of 60 days' notice, severance packages and job search assistance.

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    Tags:ESPN



    Rethink appoints Marika Wiggan as executive strategy director

    Monday, May 18, 2026
    Marika Wiggan

    Independent creative agency Rethink has appointed Marika Wiggan as executive strategy director. Based in Vancouver, Wiggan will operate across the network, leading strategic direction across key client work and helping shape new opportunities for the agency. She will report to partner and global chief strategy officer Sean McDonald. At Rethink, she will drive strategic direction across clients, partnering closely with teams to ensure strategy is embedded throughout the work--connecting culture, brand, and audience into more cohesive and impactful ideas. “Marika struck me as a Rethinker from the first time that I met her,” said McDonald. “She brings the kind of perspective and ambition that pushes the work beyond expectations. As we continue to build Rethink into a truly international creative partner, it’s critical that we bring in talent that can redefine what great looks like across markets. Marika is one of those people.” Originally from Vancouver, Wiggan returns to Canada after several years in the United States. Most recently, she served as head of strategy at Preacher in Austin, where she led the agency’s strategy department for five years. During that time, she worked across a range of brands, including Molson Coors, GMC, Coca-Cola North America, WeTransfer, and ESPN. Prior to Preacher, she held roles at Argonaut and Goodby Silverstein & Partners, where she began her career working on the Chevrolet portfolio, including launches for the Volt, Camaro, and Sonic. “Rethink has a clarity of ambition that I wanted to be a part of,” said Wiggan. “It’s clear that teams are here to make the best work of their careers and do it with people who love our craft. I’m thrilled to be back in Vancouver and helping build on that... Read More

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