{"id":13014,"date":"2024-08-30T03:12:34","date_gmt":"2024-08-30T03:12:34","guid":{"rendered":"https:\/\/imsfund.com\/?p=13014"},"modified":"2024-08-30T03:12:34","modified_gmt":"2024-08-30T03:12:34","slug":"disney-using-ai-to-grow-its-16-billion-espn-business","status":"publish","type":"post","link":"https:\/\/imsfund.com\/index.php\/2024\/08\/30\/disney-using-ai-to-grow-its-16-billion-espn-business\/","title":{"rendered":"Disney Using AI to Grow Its $16 Billion ESPN Business"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>SportsCenter was <a href=\"https:\/\/www.entrepreneur.com\/page\/how-entrepreneur-espn-host-jay-williams-envisions-tomorrows-normal-for-business-sports-and-beyond\/349720\" rel=\"follow noopener\" target=\"_self\">ESPN&#8217;s<\/a> flagship show; its <a href=\"https:\/\/www.espn.com\/video\/clip\/_\/id\/24372987\" rel=\"follow noopener\" target=\"_self\">first episode<\/a> aired when the network launched in September 1979. Now Disney, <a href=\"https:\/\/www.ign.com\/articles\/every-company-disney-owns\" rel=\"follow noopener\" target=\"_self\">which owns 80% of<\/a> ESPN, is taking its oldest offering and adding <a href=\"https:\/\/www.entrepreneur.com\/growing-a-business\/these-days-everything-is-powered-by-ai-heres-how-to\/476529\" rel=\"follow noopener\" target=\"_self\">AI<\/a> to its sports news, recaps, and analyses to catch the attention of a younger streaming generation.<\/p>\n<p><a href=\"https:\/\/www.entrepreneur.com\/business-news\/espn-is-launching-its-own-streaming-service\/452514\" rel=\"follow noopener\" target=\"_self\">ESPN<\/a> chairperson Jimmy Pitaro <a href=\"https:\/\/www.reuters.com\/technology\/artificial-intelligence\/disney-sees-ai-helping-personalize-new-espn-app-2024-08-28\/\" rel=\"follow noopener\" target=\"_self\">stated Wednesday<\/a> that SportsCenter would become its own app for the first time next year.<\/p>\n<p>The tech will be able to match content to the interests of each viewer and &#8220;obviously, help significantly,&#8221; when it comes to personalizing the app, generating clips, and narrating them, Pitaro said.<\/p>\n<p><b>Related: <\/b><a href=\"https:\/\/www.entrepreneur.com\/business-news\/elevenlabs-voice-clones-judy-garland-james-dean-with-ai\/476693\" rel=\"follow noopener\" target=\"_self\">Listen to &#8216;The Wonderful Wizard of Oz&#8217; Read By Dorothy Herself Thanks to a New AI App That Cloned Judy Garland&#8217;s Voice<\/a><\/p>\n<p><img decoding=\"async\" alt=\"\" class=\"lazyload\" loading=\"lazy\" role=\"presentation\" src=\"https:\/\/assets.entrepreneur.com\/images\/misc\/1724956590_Pitaro0GettyImages-1538704006.jpg?width=1000\" style=\"height:697px; width:1000px\" width=\"1000\" height=\"697\"\/><sup><i>Jimmy Pitaro. Photo by Kevin Mazur\/Getty Images<\/i><\/sup><\/p>\n<p>ESPN is already using AI to narrate investigative news. Pitaro said he listens to these AI-spoken pieces on his commute.<\/p>\n<p>The move is part of a broader strategy to adapt to changing viewership tastes. <a href=\"https:\/\/www.nielsen.com\/news-center\/2024\/time-spent-streaming-surges-to-over-40-percent-in-june-2024\/\" rel=\"follow noopener\" target=\"_self\">Over 40% of television usage in June<\/a> and a <a href=\"https:\/\/www.nielsen.com\/news-center\/2024\/july-exhibits-rare-upswing-in-tv-viewing-amplified-by-streaming-and-first-days-of-summer-olympics-according-to-nielsens-the-gauge\/\" rel=\"follow noopener\" target=\"_self\">record-high 41.4% in July<\/a>, was from streaming, according to Nielsen reports. In contrast, cable and broadcast accounted for around 26% and 20% of total TV viewership, respectively, in July.<\/p>\n<p>Now that the legacy sports network is faced with growing interest in streaming, ESPN is amplifying it through its social media presence.<\/p>\n<p>&#8220;We need to set up this company to be relevant for the next generation of sports fans,&#8221; ESPN&#8217;s content president Burke Magnus <a href=\"https:\/\/www.axios.com\/2024\/08\/29\/espns-business-cable-streaming-sports-betting\" rel=\"follow noopener\" target=\"_self\">said on Wednesday<\/a>.<\/p>\n<p><b>Related: <\/b><a href=\"https:\/\/www.entrepreneur.com\/business-news\/espn-is-launching-its-own-streaming-service\/452514\" rel=\"follow noopener\" target=\"_self\">Is ESPN Cutting Its Own Cord?<\/a><\/p>\n<p>Pitaro <a href=\"https:\/\/espnpressroom.com\/us\/espn-inc-fact-sheet\/\" rel=\"follow noopener\" target=\"_self\">became ESPN chairman<\/a> in February 2023 and is now <a href=\"https:\/\/espnpressroom.com\/us\/espn-inc-fact-sheet\/\" rel=\"follow noopener\" target=\"_self\">one of four Disney executives<\/a> in the running to replace CEO Bob Iger in 2026. ESPN brought in <a href=\"https:\/\/www.axios.com\/2023\/10\/19\/disney-reveals-espn-business-size-first-time\" rel=\"follow noopener\" target=\"_self\">$16 billion<\/a> in revenue for Disney in 2022.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.entrepreneur.com\/business-news\/disney-using-ai-to-grow-its-16-billion-espn-business\/479146\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SportsCenter was ESPN&#8217;s flagship show; its first episode aired when the network launched in September 1979. Now Disney, which owns 80% of ESPN, is taking its oldest offering and adding AI to its sports news, recaps, and analyses to catch the attention of a younger streaming generation. ESPN chairperson Jimmy Pitaro stated Wednesday that SportsCenter [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13015,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/assets.entrepreneur.com\/content\/3x2\/2000\/1724956368-Pitaro0GettyImages-1538704006.jpg?format=pjeg&auto=webp","fifu_image_alt":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-13014","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/13014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/comments?post=13014"}],"version-history":[{"count":1,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/13014\/revisions"}],"predecessor-version":[{"id":13016,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/13014\/revisions\/13016"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media\/13015"}],"wp:attachment":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media?parent=13014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/categories?post=13014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/tags?post=13014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}