ESPN's president is stepping down
ESPN President John Skipper resigned Monday, citing a substance addiction problem, an announcement that stunned the sports media business and raised questions about the future direction of the Walt Disney Co. unit.
Many in the sports TV industry believed the company had grounds to oust Skipper for reasons unrelated to his personal issues. There had been rumors for months he was on his way out, though they were quelled by recent reports that he signed a contract extension.
The sports juggernaut remains a big moneymaker for Disney, but Skipper faced growing pressure as ESPN struggled with continued subscriber losses and escalating fees paid to sports leagues. Under his watch, ESPN also endured a number of high-profile controversies, layoffs and star departures which, at times, created an image
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