Going Viral: ESPN Gets Into Sports Betting

The transcript discusses Penn Entertainment's deal with ESPN for sports betting, Disney's earnings, and the impact of Bob Iger's leadership. It highlights the market's reaction to the Penn deal, the challenges faced by legacy media companies, and Disney's strategic shift towards sports betting. The discussion also touches on cost-cutting measures and the restructuring of Disney's businesses under Iger.

What is the duration of Penn Entertainment's right to use the ESPN bet name in the US?

• 5 years

• 10 years

• 15 years

• 20 years

What was the market's reaction to the Penn gaming deal?

• Neutral

• Highly positive

• Negative

• Slightly surprised

Which companies have shown surprising profits despite challenges in traditional TV advertising?

• Sony and Universal

• Netflix and Amazon

• Warner Brothers and Paramount

• Apple and Google

What was Disney's historical stance on betting before the recent changes?

• Opposed

• Indifferent

• Supportive

• Encouraging

Who was the previous CEO of Disney before Bob Iger returned?

• John Lasseter

• Bob Chapeck

• David Portnoy

• Michael Eisner