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Once invincible, ESPN cuts staff amid subscriber losses
CBS "News" ^ | November 29, 2017 | By AIMEE PICCHI

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 ...


TOPICS: Culture/Society; News/Current Events; US: Connecticut
KEYWORDS: espn
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1 posted on 11/29/2017 1:07:33 PM PST by Oldeconomybuyer
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To: Oldeconomybuyer

I had to laugh a while ago, when ESPN laid off some “on air talent”. I joked to friends, “ESPN has talent?”

Well, it made us all laugh. Maybe you had to be there........


2 posted on 11/29/2017 1:09:38 PM PST by Dilbert San Diego
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To: Oldeconomybuyer

ESPN is nothing but a propaganda arm for the DNC.


3 posted on 11/29/2017 1:11:47 PM PST by fortheDeclaration (Pr 14:34 Righteousness exalteth a nation:but sin is a reproach to any people)
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To: Oldeconomybuyer

The Ministry of Propaganda is starting to feel the pain.......


4 posted on 11/29/2017 1:12:01 PM PST by Lurkinanloomin (Natural Born Citizen Means Born Here Of Citizen Parents - Know Islam, No Peace -No Islam, Know Peace)
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To: Oldeconomybuyer

Hurricane Harvey is probably the choice of anthropogenic climate change proponents everywhere, lol.


5 posted on 11/29/2017 1:17:32 PM PST by SteveH
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Keith Olbermann.


6 posted on 11/29/2017 1:18:30 PM PST by IncPen (Put the 'climate researchers' under oath and have them explain their findings. Then we'll talk.)
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To: Oldeconomybuyer

ESPN is cutting 150 more jobs...

BuzzFeed is laying off 8 percent of its workforce...

OH, THE WINNING, THE WINNING!!!


7 posted on 11/29/2017 1:20:02 PM PST by vladimir998 (Apparently I'm still living in your head rent free. At least now it isn't empty.)
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1) If ESPN stuck to sports instead of trying to be Democratic Underground Live they may do better.

2) I think people 40 and up are discovering much more fulfilling and productive uses of their time than sitting around half the day watching a bunch of illiterate millionaires chase a childrens ball around, then endure interviews with these morons who contribute zero tangible value to human knowlwdge about the universe.

3) kids under 40 are against toxic masculinity, and thus naturally avoid any display of extreme maleness


8 posted on 11/29/2017 1:21:37 PM PST by dsrtsage (One half of all people have below average IQ. In the US the number is 54%)
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To: Oldeconomybuyer

Die ESPN... DIE!


9 posted on 11/29/2017 1:22:17 PM PST by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: Oldeconomybuyer
ESPN is probably just laying off their sex offenders. Not all of them, of course.

10 posted on 11/29/2017 1:27:14 PM PST by Right Wing Assault (Kill: NFL, Hollywood, NBA, BLM, CAIR, Antifa, SPLC, CNN, ESPN, NPR, TWITTER, FACEBOOK)
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To: Oldeconomybuyer

A quick shout out to our sponsors George Soros and the Clinton Foundation

11 posted on 11/29/2017 1:28:42 PM PST by Slyfox (Are you tired of winning yet?)
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To: Oldeconomybuyer
"Theories abound over what's impacting viewership, with some blaming natural disasters like Hurricane Harvey..."

Okay...I see the problem.

They live in an alternate universe but work in this one.

12 posted on 11/29/2017 1:29:13 PM PST by Eagles6
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To: Oldeconomybuyer

There are 800 bakery bun maker jobs in Chicago, I hear.


13 posted on 11/29/2017 1:30:42 PM PST by petitfour (APPEAL TO HEAVEN)
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To: Oldeconomybuyer

Who Controls Professional Sports?

https://thezog.wordpress.com/who-controls-professional-sports/

90% are “Weinstein’s People,” Including John Skipper.

Warning: It’s a long list!


14 posted on 11/29/2017 1:33:40 PM PST by vette6387
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To: Oldeconomybuyer

“”The majority of the jobs eliminated are in studio production, digital content, and technology” thereby giving their remaining talking heads even LESS to talk about and show.


15 posted on 11/29/2017 1:41:12 PM PST by catnipman ( Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: Oldeconomybuyer
Maybe if they move further to the political left they can turn things around.....


16 posted on 11/29/2017 1:43:02 PM PST by Vlad The Inhaler (United We Stand - Divided We Fall. Remember: Diversity is the opposite of unity.)
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To: Oldeconomybuyer

“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”

uh, 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.


17 posted on 11/29/2017 1:44:48 PM PST by catnipman ( Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: Oldeconomybuyer
Once invincible apolitical, ESPN cuts staff amid subscriber losses
18 posted on 11/29/2017 1:47:25 PM PST by MortMan (I can resist anything, except temptation. /sarc)
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To: Oldeconomybuyer
The NFL and ESPN are beginning to look like Capt. Ahab spotting the "Great White Male".

"Avast, he's a fearsome beast"

19 posted on 11/29/2017 1:54:38 PM PST by Aevery_Freeman (High taxes + Government = Disorganized Crime)
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To: Oldeconomybuyer

Hahaha. These anti-American losers couldn’t deserve it more. Hahaha.


20 posted on 11/29/2017 2:00:52 PM PST by hal ogen (First Amendment or Reeducation Camp?)
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