John Skipper, president of the sprawling ESPN sports network, said Monday that he is resigning to treat a substance abuse problem.
Skipper's sudden announcement will force the Walt
Disney Co.-owned network to search for new leadership at a time of
retrenchment, with the company losing subscribers due to cord-cutters and
working to boost its digital output to follow the migration of young sports
fans to their smartphones.
The 61-year-old executive, who has worked at ESPN
since 1997 and has led the company since 2012, said he's struggled for many
years with substance addiction but gave no details of his specific problem. He
said he had concluded that now is the time to deal with it. (AP)
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