Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Massive ESPN Financial, Subscriber Losses Drag Down Disney’s First-Quarter Sales
breitbart ^ | DYLAN GWINN

Posted on 02/08/2017 5:21:46 AM PST by davikkm

A year that saw arguably the five greatest championship game performances of all time should have helped right the ship for ESPN, and at the very least stopped the trend of massive subscriber losses which have plagued the Bristol-based sports giant for the last few years. Well, that did not happen, and ESPN appears to be a sinking ship, dragging parent company Disney down with it.

Bloomberg reports that ESPN badly hurt Disney’s first quarter sales, falling well short of projections.

According to The Wrap, “Cable networks, particularly ESPN, have been an albatross on Disney’s stock price even as the company’s two other major prongs, movies and theme parks, continue to perform well. As cheaper TV alternatives began to proliferate, ESPN hemorrhaged subscribers during the course of 2016 and is now at less than 88 million, compared with a peak of 100.1 million in 2011. At an estimated $7 per subscriber, that dip has been a substantial hit to Disney, especially considering media networks made up 49 percent of Disney’s profits during fiscal 2016.”

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: banglist; espn; guncontrol
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-86 next last
To: davikkm

ESPN...keep spouting out your commie political agenda. Maybe your Mouse boss will finally destroy you.


21 posted on 02/08/2017 5:34:14 AM PST by WKUHilltopper (WKU 2016 Boca Raton Bowl Champions)
[ Post Reply | Private Reply | To 1 | View Replies]

To: davikkm

ESPiN is another example of a successful conservative boycott. Add this bastion of liberalism to the dwindling fortunes of CNN, MSNBC, Megyn Kelly, the NY Times, WoPo, and print media in general.


22 posted on 02/08/2017 5:34:20 AM PST by JonPreston
[ Post Reply | Private Reply | To 1 | View Replies]

To: davikkm

ESPN who?


23 posted on 02/08/2017 5:34:21 AM PST by ReleaseTheHounds ("The problem with Socialism is that eventually you run out of other people's money." M. Thatcher)
[ Post Reply | Private Reply | To 1 | View Replies]

To: LukeL

You’re 3 decimal places off I believe, to the right!


24 posted on 02/08/2017 5:34:45 AM PST by Axenolith (Government blows, and that which governs least, blows least...)
[ Post Reply | Private Reply | To 12 | View Replies]

To: V_TWIN
That’s what happens when a “sports channel” becomes political......serves ‘em right IMO.

Exactly! They need to get back to what made them the juggernaut they are and stop the stupid social and political commentary.

it has been all downhill for ESPN since they stopped airing Australian Rules Football.

25 posted on 02/08/2017 5:34:59 AM PST by commish (Freedom tastes Sweetest to those who have fought to preserve it!)
[ Post Reply | Private Reply | To 4 | View Replies]

To: LukeL

Doh, you got it :-)


26 posted on 02/08/2017 5:35:31 AM PST by Axenolith (Government blows, and that which governs least, blows least...)
[ Post Reply | Private Reply | To 14 | View Replies]

To: Bushbacker1

I think the at-home-viewer (not the guy who buys tickets) really dialed back his viewing of NFL games, and it had a complete effect on his interest for the season. I’m guessing between 10 and 20 percent of guys lessened their interest.

It might be interesting to gather up a hundred of these guys and find out how they used their Sunday afternoons, and if this is a permanent trend.

For me, I’ll admit I haven’t watched a NFL game since 2013, and frankly...I don’t really care much for the game anymore.


27 posted on 02/08/2017 5:35:43 AM PST by pepsionice
[ Post Reply | Private Reply | To 13 | View Replies]

To: Bushbacker1

I think the at-home-viewer (not the guy who buys tickets) really dialed back his viewing of NFL games, and it had a complete effect on his interest for the season. I’m guessing between 10 and 20 percent of guys lessened their interest.

It might be interesting to gather up a hundred of these guys and find out how they used their Sunday afternoons, and if this is a permanent trend.

For me, I’ll admit I haven’t watched a NFL game since 2013, and frankly...I don’t really care much for the game anymore.


28 posted on 02/08/2017 5:35:46 AM PST by pepsionice
[ Post Reply | Private Reply | To 13 | View Replies]

To: davikkm

When I boycott, I do a life change. I didn’t watch the superbowl and actually didn’t know it was happening last weekend until a facebook friend posted something about it on Saturday.

And I hear I missed the biggest game ever. Yet I don’t care. I feel no sense of loss or “missing something really imprtant”. I really have utterly moved on.

Permanently.


29 posted on 02/08/2017 5:37:50 AM PST by Mr. Douglas (Best. Election. EVER!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: davikkm

ESPN = Extreme Socialist Programming Network

“It’s certainly uncontaminated by the presence of any sports.”
— h/t to Monty Python


30 posted on 02/08/2017 5:39:39 AM PST by nickedknack
[ Post Reply | Private Reply | To 1 | View Replies]

To: davikkm

I am absolutely thrilled that I successfully jettisoned ESPN just this week. My provider told me, “But you’ll lose ESPN,” like it was a bad thing. I said, “perfect!”.


31 posted on 02/08/2017 5:42:05 AM PST by Obadiah (Democrats continue to wage their crusade against normal.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: davikkm

I think if ESPN went even more into thugs, drugs, perversion, and communism, their profits will soar - and I hope that is exactly what they do!


32 posted on 02/08/2017 5:42:35 AM PST by rigelkentaurus
[ Post Reply | Private Reply | To 1 | View Replies]

To: davikkm

Hahahahahaaaaaaaaaaa.


33 posted on 02/08/2017 5:43:24 AM PST by hal ogen (First Amendment or reeducation camp?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: davikkm

2016 U.S. Merchandise Trade Deficit: $734,316,300,000
http://www.cnsnews.com/news/article/terence-p-jeffrey/2016-us-merchandise-trade-deficit-734316300000?mkt_tok=eyJpIjoiWkdSak5XWmxOalJoWmpNeSIsInQiOiIxNE9FS1ZnckpkKzUyRFZ2UHYyVGdjQU55WFkxd0diVDluYXRjS1NjeFI2TTNKK1c1QmRIV1J4Q1ZxVGFKTW5uQmE3UnkzVlFjS2ZaTXA1aHJJd0VpcXRZQWNwVmVZdmcraTNcL0FBelFOc2FRNWNtVFZmZVwvVSt2ZnlCYkticTJvIn0%3D


34 posted on 02/08/2017 5:44:40 AM PST by GailA (Ret. SCPO wife: suck it up buttercups it's President Donald Trump!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: davikkm

Gen Xer’s and millennials that I know are not into cable TV. They stream what they want, free of ads. They also don’t watch that much TV, even on weekends when they’re not working. They’re busy with kids, seek outside and social activity and recreation and play video games.

The days are coming to a close when people surf TV channels and settle for the best of what’s on, which usually isn’t much.

Why pay $200/month to settle for the best of what’s on? Get Sling TV, Roku, a BluRay or whatever and choose what you want. There is enough on Amazon Prime, Netflix and Vudu for a lifetime at a fraction of the cost of cable.

Granted, you don’t get live sports on those, but you can subscribe to those as well per season.


35 posted on 02/08/2017 5:45:21 AM PST by randita (PLEASE STOP ALL THE WORTHLESS VANITIES!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: x1stcav

Walt Disney world be appalled at what the company he founded has turned into.


36 posted on 02/08/2017 5:46:27 AM PST by wjcsux (The hyperventilating of the left means we are winning!)
[ Post Reply | Private Reply | To 5 | View Replies]

To: davikkm

Not just the buttercups, but Disney is no longer a wholesome channel for your children to watch, parents are starting to notice the violence and the Heather has 2 Mommies carp.

No child should be allowed to watch Disney channel. Or Muppets to much violence for little ones.


37 posted on 02/08/2017 5:47:17 AM PST by GailA (Ret. SCPO wife: suck it up buttercups it's President Donald Trump!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: randita

Spot on.

Most television is more that just a waste of valuable time. It teaches a passive acceptance and indoctrinates people into false senses of what is real.

Stop watching television and your life suddenly becomes much better!


38 posted on 02/08/2017 5:49:01 AM PST by marktwain (We wanted to tell our side of the story. We hope by us telling our story...)
[ Post Reply | Private Reply | To 35 | View Replies]

To: davikkm

HAHAHAHAHAHAAHA!!


39 posted on 02/08/2017 5:52:06 AM PST by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: pepsionice
My interest in football declined over time, and I stopped watching games regularly in the late 1990s. I think the St. Louis Rams were in the last Super Bowl I watched in its entirety, and the Super Bowl where Santonio Holmes made the spectacular catch on the game-winning TD was the last one I watched at all (I literally watched the last five minutes of that game). I don't even remember what years these events took place. LOL.

All that aside ...

What's interesting for me is that this was the first year where nobody I knew made any kind of a big deal about the game. I'm sure many of my friends watched the game, but I didn't hear of anyone hosting or attending Super Bowl parties. I think that whole charade is coming to an end, and a lot of it is driven by two things: (1) demographics (the NFL fans dying off aren't being replaced by a like number of younger fans); and (2) entertainment options (people simply find other things to do).

My prediction is that the NFL will make one desperate attempt to shake the game out of its doldrums, and their strategy will involve something along these lines:

1. The preseason will be eliminated and the regular season will be extended to 18 games.

2. The playoff field will be expanded to get another playoff weekend into the schedule.

3. The Super Bowl will be played annually on President's Day weekend.

40 posted on 02/08/2017 5:52:25 AM PST by Alberta's Child ("Yo, bartender -- Jobu needs a refill!")
[ Post Reply | Private Reply | To 27 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-86 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson