Posted on 11/29/2017 1:07:33 PM PST by Oldeconomybuyer
Cord-cutting is taking a toll on ESPN, once thought untouchable given its lock on sports coverage.
The cable-television network today said it's cutting 150 jobs. Employees who are affected will receive severance, a 2017 bonus and continuing health benefits and outplacement services, the company said.
ESPN wasn't the only media company to announce layoffs Wednesday, with BuzzFeed announcing layoffs affecting 8 percent of its workforce and a restructuring of its U.S. business team later.
"The majority of the jobs eliminated are in studio production, digital content, and technology and they generally reflect decisions to do less in certain instances and re-direct resources," according to a memo from ESPN president John Skipper, published at ESPN.com.
Aside from dwindling cable subscribers, ESPN is also dealing with lower ratings for NFL games. Theories abound over what's impacting viewership, with some blaming natural disasters like Hurricane Harvey and others pointing to the controversy around some players' decision to kneel during the national anthem and a resulting feud from President Donald Trump.
(Excerpt) Read more at cbsnews.com ...
Thanks for posting the good trip down memory lane as President Trump kicks rump in the National Felon League:
Yeah!.
btw, remember how ALL the pundits universally declared that Trump had REALLY STEPPED IN IT THIS TIME, and that it was an unwinnable situation for him?
ROTFLOL!
Trump makes a couple of tweets, then makes a couple more a couple weeks later, and then walks around the flaming wreckage heading for his next target.
I've got a good idea on what the reason is
Sucks to be them but ESPN campaigned hard against average Americans and Deplorable Americans are returning the favor.
“Aside from dwindling cable subscribers, ESPN is also dealing with lower ratings for NFL games”
Aside from? ha! It’s the cause of dwindling subscribers, you stupid a*holes!
“The NFL and ESPN are beginning to look like Capt. Ahab spotting the “Great White Male”.”
Now that they have been attacking the American white male they are now surprised that we are hitting them back.
Die ESPN and NFL. I myself will never willingly support you or the creepy globalist entities and corporations allied you if I can help it.
Now would be the time for VCs to fund a sports ‘a la carte’ subscription show that just did sports, no skirts, no long legs, just sports, replays, highlights, and paid amateurs for replays...those who kept getting good replays, recordings, highlights, get better and better compensation...
I’d subscribe in a heartbeat.
Exactly.
Now would be a great time to host a 13 part series on the NHL for the unknowing adult. Teach the history of the sport, the teams in the league, the rules and how to follow play.
Within a year, the NFL will be a thing of the past.
I've heard that silly excuse a small number of times, but there is no substance to it. That is why most articles don't even bother mentioning Trump and the kneeling players. How could insulting our flag, our anthem, our military, our country, and our ancestors affect NFL ratings? It's not like people take insults personally, is it?
Stupidity has it’s price.
Sports, not politics.
Sports, not social bull shit.
Sports, not some damned liberal agenda.
Buh bye espn.
ESPN was doomed the minute they signed over to ABC, who just quickly made them another wing in their Ministry of Propaganda. I was reading another article lamenting the fact that ESPN is crashing and asking, “What is ESPN’s goal now?” Short answer: nobody is over there writing flowery mission statements, they’re just trying to survive. They won’t, the has-been network is just waiting for the day that ABC sells them off for penny stocks. It’s nothing for ABC, ESPN was never anything but a tax write-off anyway.
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