Loeb had called for the sale or spin off last month, but now says he has a 'better understanding of ESPN's potential as a standalone business.'
“We have a better understanding of ESPN’s potential as a standalone business and another vertical for Disney to reach a global audience to generate ad and subscriber revenues,”
Loeb said in a pair of tweets Sunday. “We look forward to seeing [ESPN chief Jimmy Pitaro] execute on the growth and innovation plans, generating considerable synergies as part of
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