Posted on 07/11/2015 6:54:59 AM PDT by jimbo123
Despite holding the television rights to nearly every sport that anyone wants to watch, ESPN apparently is not the cash cow that it once was for parent company Disney, which reportedly is demanding that the all-sports network slash its budget over the next two years.
In Wednesdays story about Keith Olbermanns impending departure from the network, the Hollywood Reporter says Disney is forcing ESPN to cut $100 million from its budget next year and a staggering $250 million from its budget in 2017. The Wall Street Journal reported Thursday that ESPN has lost 3.2 million subscribers in more than a year and that ESPNs reach in U.S. households has fallen 7.2 percent since 2011. Last month, Bloomberg reported that operating income dropped 2 percent at Disneys media networks division, which includes ESPN.
(Excerpt) Read more at washingtonpost.com ...
That’s not true.....they’ve gone political, and people are fleeing in droves...
ESP Who?
Chasing the fickled 18-34 year old demo that doesn’t watch TV. A perfect plan for economic ruin.
Olberman is quitting?
Fired. Again.
Fire about half of those preening peacocks/strutting banty roosters who absolutely know far more about the game than the coaches, players or fans. Or anyone who has ever lived, for that matter!
And I used to think that Howard Cosell was bad!
While they are at it get rid of the "babe" announcers who sit there on the stools trying to keep their too-short skirts pulled down at least half way to their knobby knees.
Get announcers who can tell us about the games, NOT their own personal omniscience and inside access.
Kieth Jackson, John Madden...
I projectile vomit every time ABC runs a commercial crowing abt freak show Bruce Jenner receiving an espy.
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.