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Story summary
- ESPN announced a new round of layoffs, the first since it acquired NFL Network.
- Chairman Jimmy Pitaro said the cuts result from merging NFL Network, NFL Fantasy and RedZone, which gave the league a 10% ESPN stake, and laid off on-air talent such as Karl Ravech and Cam Newton.
- Disney announced further layoffs this week as part of cost-saving measures after the April 1 integration of NFL Network staff into ESPN.
