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Disney is no longer planning to spin off ESPN

By Peter Kafkaโ€ขBusiness Insider

Disney had previously considered spinning out the sports network. New CEO Josh D'Amaro has decided not to, people familiar with the matter said.

Disney CEO Josh D'Amaro has decided to hang on to ESPN, according to people familiar with the matter. It's one of the first big calls of his tenure.Bloomberg/Getty Images ESPN used to be oneโ€ฆ