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Friday, August 5, 2016

ESPN - Dead Network Walking?

If your school has a contract with ESPN you need to read this:
ESPN Loses 4 million Subscribers In Past Year

In the past five years ESPN has lost 11,346,000 subscribers according to Nielsen data.
If you combine that with ESPN2 and ESPNU subscriber losses this means that ESPN has lost over a billion dollars in cable and satellite revenue just in the past five years, an average of $200 million each year. That total of a billion dollars hits ESPN in the pocketbook not just on a yearly basis, but for every year going forward.

It's gone forever.

That's not just bad, this is downright cataclysmic.

And it's getting worse.

In the past year ESPN lost 4.159 million subscribers, that's another $350 million in lost revenue across the ESPN family of networks.
 It looks like we've reached peak cable sports.