DC: ESPN’s downfall continues, and a dwindling number of subscribers has resulted in over $1 billion in lost revenue.
Clay Travis wrote the following Friday on Outkick The Coverage:
Yesterday Disney announced in its yearly 10K filing that ESPN lost another two million subscribers in fiscal year 2018.
ESPN now has 86 million subscribers, down from over 100 million subscribers in 2011.
Now the positive for ESPN is that the rate of subscriber decline seems to have slowed this year, but the negative is that since 2011 ESPN has now lost 15 million cable and satellite subscribers. Those 15 million lost subscribers equate to $1.44 billion a year in lost yearly revenue that ESPN will never be able to book. (This is based on an $8 a month subscriber cost for ESPN multiplied by 12 months in the year.) Again, this isn’t just a one time yearly revenue loss, this is a loss in yearly revenue forever.
Couldn’t be happening to a more deserving bunch of Libtard assholes.
I always like a little good news to start the Day!
Take away the fake accounts and it’d probably be halved again.
Existing only because they are forced upon anyone with a basic streaming or cable package along with msnbc, cnn and all the rest of the crap.
Not only did their politics do them, but over saturation, too.
Right now I have 5 channels that have ESPN in the title.
I think they got too big for their britches, conseqeuently the quality dropped.
They believed they were something important and special. Meh..
As soon as DISNEY (RIP Walt) I knew ESPN was headed down the left side of the shitstream. I still blame Walt’s brother, Roy, for the mess Disney has become.
Politics aside. Incessant jibber-jabbering during whatever game is on aside. Their constant mutilation of the English language to produce soundbite worthy catch phrases and cutesy nicknames for teams, players, events, etc. is beyond annoying at this point. If I have a choice, I refuse to watch it.
It was beyond annoying 10 years ago. Now it’s like wtf are they talking about?
I see 15-20 minutes some days if I’m eating at a bar at lunch and the format is just stale. Loudmouth, overly animated know-it-all screams and yells as retired, half-concussed jock straps recite meaningless statistics their intern culled from the Excel spreadsheet for them.
I got it guys – this is the first time a team scored “x” number of points in a 17 minute period in a non-playoff game with the temperature between 35 and 50 degrees in the rain on a Thursday. Thanks for that insight, Oracle at Delphi.
As ANON said: Those remaining 86 mil are ghost subscribers. Due to one entity owning all the “stations on the dial” and those attached to the only option WIFI supplied by that one entity. My excitement builds as the snake has no food other than eating it’s self …
I wonder how many of those subscribers are prepackaged into one month free phone trials?
Leftists/communists have ruined television and televised sports. Cut the cord ling ago and stream via internet any football games im interested in. Would rather watch but they ruined it, not me. The price also off the charts esp.given the crap product
Cliche Guevara’s got it. And don’t get me started on how often I have to hit the mute button when sportscasters are babbling about some unimportant bullshit, meanwhile the game they’re calling has a man on 2nd base with less than 2 outs in the 7th inning of a 1-run ballgame.
I hope someone puts the seat down when it goes.
If they’ve only decreased from 100+ to 86 million subscribers, esp over a 7yr span, I’m actually disappointed.
I want the numbers to show ESPN and the NFL lost over half their audiences.
What would it take for people to understand that they are being insulted as their money is milked away?
Left wing race pimps
Egregious Social Progressive Network.
😂