- Aug 24, 2011
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Re: Re:
ESPN is stuck with a LOT of over priced long term rights contracts (11 years, 7.3 billion for college football playoffs as an example) and a shrinking revenue stream.
They lose on average 10 000 (cable) subscribers per day, which at ~$9 per rapidly adds up directly, plus obviously makes their advertising revenue slow down long term as well.
They are cutting the only places they can, but its too little and too late.
movingtarget said:ESPN had a clean out recently. Quite a few staff gone even long timers. Must be a reduction in viewership and revenue.
ESPN is stuck with a LOT of over priced long term rights contracts (11 years, 7.3 billion for college football playoffs as an example) and a shrinking revenue stream.
They lose on average 10 000 (cable) subscribers per day, which at ~$9 per rapidly adds up directly, plus obviously makes their advertising revenue slow down long term as well.
They are cutting the only places they can, but its too little and too late.
