el_super
Well-Known Member
ESPN was the lifeblood of Disney. Nothing replaces that revenue stream
Why? Because people don't like sports anymore?
ESPN was the lifeblood of Disney. Nothing replaces that revenue stream
No…they’re not tied to linear cable with limited live action coverage that ESPN was designed aroundWhy? Because people don't like sports anymore?
i would blame Iger - as the person in charge he should have seen the end of the ESPN model-and began to transition to new ways of business long ago rather than milking the dying cow dry. As Truman said the buck stops here, the blame is on his shouldersAnd that’s a big part of the management story for Disney for 30 years
Everyone thought Eisner was nuts buying Capitol cities…but the ESPN buy worked beyond his wildest dreams 95-2010
Since…Iger reaped profits as they crescendoed…but obviously didn’t know how to navigate the fall.
I don’t blame him…If he didn’t know, literally no one could have
But their tentative move to stream was twofold:
1. They wanted to suck every penny out of old costs with cable. Sound familiar in parks these days?
2. They don’t buy the stream profits either. It’s a sales pitch to investors. If they knew the money was there…they wouldn’t have waited so long to get in the game. Same goes for the other studios
Easy money draws like bugs to a light. “Wait and see?” Is a gigantic red flag
Tell that to the NBA, who is rumored to be wanting to double their TV contract revenue with the next round of contracts due soon. And if Disney willingly gets back into bed with the NBA on that, they deserve what they get.It's very unlikely that any company can make the same kind of money streaming sports that they did when it was part of a cable package -- it's why sports media rights deals are likely to decline in the future (barring some major shift).
The Mouse House isn’t sure what to do with its languishing cash cow, ESPN.Why? Because people don't like sports anymore?
Streaming platforms offer cheaper subscription options and let viewers watch what they want, when they want from their massive libraries of shows and movies
ESPN’s two main revenue streams rely on cable: affiliate fees from cable providers and ads. Affiliate fees are monthly fees paid by cable providers for the right to offer ESPN channels to households. ESPN collected around $626 million in affiliate fees in 2022, according to the New York Times, citing S&P Global Market Intelligence.
even if a deal (Amazon) comes together, how much could the companies charge for an ESPN streaming network? According to reports, the monthly amount could run as high as $35. If so, that would make the service by far the most expensive streaming network available — more than double what Netflix and Max currently charge.Is that to say that people are watching more Netflix and Hulu than ESPN though? That people are turning away from traditional sports broadcasting and watching alternative forms of entertainment?
I get that cable is dying off, but cable is just a distribution method. Music didn't die off when vinyl records disappeared. Is there an actual decline in the demand for sports programming?
So the quick google search I did yielded a 2020 estimate that ESPN accounted for about $9/mo of every cable bill. How much would it need to be to make up the difference in lost bundled subscribers? $15? $20?
I think it's a little strange to think that most people that subscribed to cable, were paying those outrageous fees for their access to the "90 Day Fiance Universe" and had no interest in sports.
Sports won’t die off but the cable revenue bundles will. Many were forced to include ESPN in their cable bundle, people who would never watch espn were paying for it.. this reduced the cost of ESPNIs that to say that people are watching more Netflix and Hulu than ESPN though? That people are turning away from traditional sports broadcasting and watching alternative forms of entertainment?
I get that cable is dying off, but cable is just a distribution method. Music didn't die off when vinyl records disappeared. Is there an actual decline in the demand for sports programming?
Are you going to pay 35.00 for ESPN? I’m not and I love sports.
Break it down for me… why do you think ESPN will continue to be the cash cow Disney needs it to be?I hate sports, but I still think $35 a month is pretty reasonable. How many sportsbars, pubs, taverns, waterholes and Chili's have been paying the $100+ a month to get live sports through DirecTV or Cable? They certainly weren't spending that to put Temptation Island on.
ESPN is going to be sold to sports addicts and gamblers at 30 a pop. Solid base but limited demo. No longer a money machine it will fade into irrelevance as TV into cable into internet has been leaving TV adrift and it will be a remember when story. Bob should've seen it coming and acted sooner. Maybe it is a "Slow Bob" problemSports won’t die off but the cable revenue bundles will. Many were forced to include ESPN in their cable bundle, people who would never watch espn were paying for it.. this reduced the cost of ESPN
Now those who want ESPN would have to pay 35.00 a month for it to make sense for Disney.
Are you going to pay 35.00 for ESPN? I’m not and I love sports.
The boys in Vegas might have something to say about thatI think the gambling is gonna bring in soooo much money to Disney. Seriously like billions
ESPN has been a part of my cable package for as long as I can remember.Is that to say that people are watching more Netflix and Hulu than ESPN though? That people are turning away from traditional sports broadcasting and watching alternative forms of entertainment?
I get that cable is dying off, but cable is just a distribution method. Music didn't die off when vinyl records disappeared. Is there an actual decline in the demand for sports programming?
So the quick google search I did yielded a 2020 estimate that ESPN accounted for about $9/mo of every cable bill. How much would it need to be to make up the difference in lost bundled subscribers? $15? $20?
I think it's a little strange to think that most people that subscribed to cable, were paying those outrageous fees for their access to the "90 Day Fiance Universe" and had no interest in sports.
Actually, the Seminoles. (as in the tribe)The boys in Vegas might have something to say about that
The boys in Vegas might have something to say about that
Or the tribes in Florida.The boys in Vegas might have something to say about that
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