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Jimmy Pitaro“Since the day I started at ESPN eight years ago, I’ve heard this rumor. My job is to keep my head down, focus on our strategy, focus on our roadmap, make sure that our people at ESPN are engaged, and that is what we are doing today… When I sit down and negotiate deals with commissioners, with leagues, with conferences, we don’t just talk about ESPN the platform. We talk about ABC and bringing broadcast to the table and bringing Disney+ in… I believe that ESPN is a big part of the Walt Disney Company’s strategy and future.”

ESPN Chairman Jimmy Pitaro on the speculation of a spinoff from Disney during an appearance on CNBC’s “Closing Bell: Overtime”

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What’s Next? Dissecting Nexstar-Tegna’s Closing, Legal Challenges

While Nexstar says its $6.2 billion deal with Tegna has closed, there is still the matter of eight state attorneys general and DirecTV suing to block the deal. On Friday, the coalition of states filed a motion for a temporary restraining order that would prevent any integration and consolidation of Nexstar and Tegna.

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