ESPN president John Skipper blames substance addiction for resignation

ESPN president John Skipper blames substance addiction for resignation”

President John Skipper announced Monday he is resigning from the network due to a substance addiction problem.

Skipper said in a statement, "Today, I have resigned from my duties as ESPN's President, I have had a wonderful career at the Walt Disney Company and I am very grateful for the many friendships and opportunities".

The resignation takes effect immediately.

President John Skipper has announced his resignation, admitting that he is fighting a drug problem. Numerous worlds wealthiest and most powerful businessmen from media, finance, and technology attend the annual week-long conference which is in its 32nd year.

ESPN and other major media companies have scrambled to adapt as people increasingly consume media on their phones and online.

"I have disclosed that decision to the company, and we mutually agreed that it was appropriate that I resign".

Disney's proposed purchase of several of 21s Century Fox's assets, if approved, is likely to add the 22 Fox-owned regional sports networks to ESPN's portfolio. ESPN quickly canceled a show earlier this year produced in partnership with Barstool Sports after some questions were raised about content, and the Boston Globe reported last week about several current and former network employees describing a "locker room culture" at the network that is hostile to women. His tenure has included enormous growth for the network, but it faces the increasing challenge of declining subscribers as people quit cable. Earlier this year Skipper signed a contract extension to keep him at ESPN through 2021 and last week spoke about the company's plans in NY at the Sports Video Group Summit.

George Bodenheimer, who served as president of the network from 1998 to 2011, will take over as acting chair of ESPN for 90 days and help Iger find a replacement.

"I have great respect for John's leadership, and I applaud the courage he's demonstrating by addressing his challenge head on", Bodenheimer said in a statement.

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