May 22 (Reuters) - Alphabet's YouTube has
hired long-time Walt Disney ( DIS ) executive Justin Connolly to
serve as its global head of media and sports, the company said
on Thursday, as the video service pushes further into sports and
traditional media.
Connolly will manage the platform's relationships with major
media companies as well as take charge of the company's growing
live-sports portfolio, according to a source familiar with the
matter.
The popular video sharing platform has been aggressively
pursuing live sports for the past few years, alongside
competitors such as Netflix and Amazon, in a bid to take
advantage of its massive user base and large sports audience.
YouTube inked a $14 billion NFL streaming deal in 2022,
which enables it to stream big football matches, while Amazon
and other media firms also rushed to secure big sports streaming
deals.
The platform has also expanded beyond traditional video
sharing and into live TV, music and podcasts, and generates
billions in advertising revenue from its vast content reserves.
Connolly spent over two decades at ESPN ( DIS ) and Disney and
exited his role as head of platform distribution earlier this
week as Disney gears up to launch its ESPN ( DIS ) sports streaming
platform.