Posted on 09/21/2017 4:13:31 PM PDT by Hojczyk
If NFL fans continue to turn away from football, the TV networks could lose as much as $200 million in earnings, according to a new report.
After ratings for Week Two crashed, adding to the angst already felt by a poor showing in Week 1, industry insiders and analysts are sounding the alarm.
A new report claims that CBS, ESPN, Fox and NBC could take a $200 million hit to their estimated $2.5 billion in NFL advertising earnings if fans continue to turn off the TV, the The Hollywood Reporter noted recently.
The worries over earnings are not allayed by the fact that this season’s Week Two is the lowest mark for CBS since 1998. And the first two games of the season are down double-digits at a multi-year low compared to last year.
Guggenheim Securities analyst Michael Morris told THR that he had hoped the 2017 season would be better than last year, but admitted that “early results do not support this optimism.”
“Since the NFL season opened Sept. 7, shares of NBC parent Comcast are off 9 percent, ESPN parent Disney has seen its stock drop 3 percent and shares of CBS are down 5 percent,” THR wrote. “Only shares of 21st Century Fox have risen in that time frame, up 2 percent.”
Not only do analysts see a fall in ad revenue, but this decline may also result in falling stock prices for the networks.
(Excerpt) Read more at breitbart.com ...
Paging boohoo girl, paging boohoo girl! You are wanted on the courtesy phone.
The fans are taking a knee this year to see who needs who the most.
Maybe if the NFL can get an entire team to urinate on the American flag at midfield during halftime the ratings will pick up.
/s
It has become very important for the health of this country that the NFL fail. Please encourage all your friends to not only stop watching the NFL, but to cut their cable chords too.
Works for me. Let’s make it $400 million, $600 million.
I’m tired of people that think I should be grateful when they piss on me and what I believe in.
Maybe if the NFL can get an entire team to urinate on the American flag at midfield during halftime the ratings will pick up
They are saving that for half time in the next Superbowl.
I'm sure the nfl would have no problem finding enough faggot football players to do that
If you work at McDonalds, do you have the right to protest the beef industry while at work?
The concussion thing will put them out of business sooner or later anyway.
Oh darn. That’s just a shame when justice is served to egotistical clueless crapweasles. Pleaseeeee keep it up leftists, we couldn’t dream of a better recruiting tool than you fools.
I was thinking the same thing. And maybe have a couple of transgender sideline commentators.
Two wins for the price of one: the “not”works and the No Fans Left professional whiners league.
You just know Extra-Special Pansy Network will do just that.
I’m hoping they lose over $1 billion!
well, I guess $200m is a start, but really, I know we can do a whole lot better than that.
N F Who? USC is playing Cal on Saturday.
The NFL decided to get all PC now they can pay the price right along with the networks that thought they had a hostage audience they could shovel chit at.
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