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Anne Sweeney is the longtime co-chair of Disney Media Networks and president of Disney-ABC Television Group.
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Sweeney said in a statement that the use of new technologies was of "paramount importance" to the growth of the Disney Media Networks Group.
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"Delivering ESPN3 to Optimum Online customers extends our mission to serve sports fans with thousands of live events, most of which are exclusive to the multi-screen sports network, " said Justin Connolly, Senior Vice President, National Accounts, Disney and ESPN Media Networks.
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Similarly in the case of Disney while advertising revenues for its media networks increased by 4% between 2007 and 2011, the affiliate fee grew by a staggering 44%.
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Disney saw growth in both revenues as well as margins for its media networks business.
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Unlike some other media companies such as News Corp and Disney, Time Warner is relatively more dependent on its cable networks business.
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Walt Disney Company together with its subsidiaries is a worldwide entertainment Company with operations in five business segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive Media.
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Just about everyone with a stake in TV has been eager to support the rise of the new technology -- cable operators, TV networks and media conglomerates have put money into TiVo, Replay or both -- NBC and Disney, for example, have investments in each.
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