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Posted on 6/30/23 at 2:41 pm to chalmetteowl
quote:
Does this include people who have satelite?
Yes. Both Dish and DirecTV are hurting and there is talk of a merger and DirecTV has been pushing to move people to the streaming version of its service.
ETA: The merger talk has increased since before they didn't believe they could merge but now think it would go through since they are both struggling(think of Sirius and XM radio in the satellite radio market)
This post was edited on 6/30/23 at 2:44 pm
Posted on 6/30/23 at 2:55 pm to Scatback1
quote:
In the second quarter of 2023, The Walt Disney Company generated about 21.82 billion U.S. dollars in revenue, up 13 percent from the same quarter of the previous year.
That's not just ESPN though.
Supposedly they will start releasing ESPN numbers separate starting in November. I guess that's what's up with the layoffs etc. I understand the numbers are supposed to still be impressive for now, I just wonder what they will be in 5 years etc.
Posted on 6/30/23 at 3:07 pm to SpartanSoul
quote:
In the second quarter of 2023, The Walt Disney Company generated about 21.82 billion U.S. dollars in revenue, up 13 percent from the same quarter of the previous year.
That's not just ESPN though.
Supposedly they will start releasing ESPN numbers separate starting in November. I guess that's what's up with the layoffs etc. I understand the numbers are supposed to still be impressive for now, I just wonder what they will be in 5 years etc.
Just saying "disarray" might not be the right word.
In the second quarter of 2023, The Walt Disney Company generated about 21.82 billion U.S. dollars in revenue, up 13 percent from the same quarter of the previous year.
That's not just ESPN though.
Supposedly they will start releasing ESPN numbers separate starting in November. I guess that's what's up with the layoffs etc. I understand the numbers are supposed to still be impressive for now, I just wonder what they will be in 5 years etc.
Just saying "disarray" might not be the right word.
Posted on 6/30/23 at 3:21 pm to Scatback1
quote:
Just saying "disarray" might not be the right word.
Disney as a whole has been facing problems.
Parks have been facing challenges and Movies have had a bad run after printing money for years. Streaming is cutting back on investment and looking to increase profitability. ESPN is facing challenges with cordcutting and streaming.
That's an oversimplification of what all has been going on but I think disarray fits. YOMV They didn't bring Iger back for nothing.
Posted on 6/30/23 at 3:49 pm to SpartanSoul
Live sports is the most sought after product on television right now. Networks will continue fighting for those rights if they continue to bring in the numbers.
The more interesting question is what happens with the next NCAA Championships contract that covers all sports except football and men's basketball. The numbers from the women's basketball tournament and the baseball tournament have increased a lot over the past few years so ESPN is getting a huge discount on them right now.
The more interesting question is what happens with the next NCAA Championships contract that covers all sports except football and men's basketball. The numbers from the women's basketball tournament and the baseball tournament have increased a lot over the past few years so ESPN is getting a huge discount on them right now.
Posted on 6/30/23 at 3:58 pm to SpartanSoul
quote:
Supposedly they will start releasing ESPN numbers separate starting in November.
That’s another step toward them spinning ESPN off or selling it outright.
Posted on 6/30/23 at 4:02 pm to SpartanSoul
Parks and ESPN has been carrying the water for Disney for a while. They have lost almost every where else. They tried to go all in on streaming and have yet to figure out monetization. The subscription model has not worked. They just got rid of the cricket streaming rights in India, because Live sports without advertising is a huge looser. Subscribers ebb and flow.
Posted on 6/30/23 at 4:34 pm to BigBinBR
quote:
That’s another step toward them spinning ESPN off or selling it outright.
Yep. Change is coming.
Posted on 6/30/23 at 4:41 pm to tiger94gop
quote:
arks and ESPN has been carrying the water for Disney for a while. They have lost almost every where else. They tried to go all in on streaming and have yet to figure out monetization. The subscription model has not worked. They just got rid of the cricket streaming rights in India, because Live sports without advertising is a huge looser. Subscribers ebb and flow.
I think this will be a big problem for a stand alone ESPN. Most people will only subscribe for the season for their main sport. Without the forced bundling with Disney's other channels they will lose a ton of forced subscribers. That's revenue they have to make up somewhere and they can't price themselves out of the market or more will move to IPTV or YouTube etc.
Posted on 6/30/23 at 4:50 pm to RayDaniel
Doesn’t change fact cbs had a bargain for two decades televising marquee football games
You can bet espn is going to want to gouge the sec fan base and that means some sort of streaming option
The only saving grace is abc is still going to air the top games
You can bet espn is going to want to gouge the sec fan base and that means some sort of streaming option
The only saving grace is abc is still going to air the top games
Posted on 6/30/23 at 4:58 pm to SpartanSoul
ESPN is in trouble everywhere but the live sports market. Especially football. Live sports is the one thing that people still watch live so advertising money is and will always be there.
Even if espn went away there will be something that would scoop up the SEC and the SEC network in 2 seconds.
Even if espn went away there will be something that would scoop up the SEC and the SEC network in 2 seconds.
Posted on 6/30/23 at 5:27 pm to Hot Carl
Really ? Sankey did NOT include ANY type of 'contingency plan' given the ADDITION of TWO powerhouse programs and the obvious effect on added TV exposure...HOW did he screw that up ????
Posted on 6/30/23 at 5:39 pm to SpartanSoul
ESPN is the one thing at Disney that is making money. They had to lay off some people as a shared pain being a part of Disney. But they were ordered to lay off people to make the bottom line look better, not because they were in financial trouble. They just gave Pat McAfee a ton of money to bring his show to ESPN.
They may be more selective in which rights they pick up. That’s why they didn’t go all out to get the Big Ten and why it’s been crickets on the PAC-12. But they’re still profitable. They’ll just be more strategic.
And having the best college conference under contract is part of that strategy. Imagine touting yourself as the home of college sports and not having any SEC football. So the SEC schools should be fine. Live sports is one of the few things that still gets good ratings, especially football.
They may be more selective in which rights they pick up. That’s why they didn’t go all out to get the Big Ten and why it’s been crickets on the PAC-12. But they’re still profitable. They’ll just be more strategic.
And having the best college conference under contract is part of that strategy. Imagine touting yourself as the home of college sports and not having any SEC football. So the SEC schools should be fine. Live sports is one of the few things that still gets good ratings, especially football.
This post was edited on 6/30/23 at 5:44 pm
Posted on 6/30/23 at 6:42 pm to SpartanSoul
Yes I can't stand ESPN and the loud mouth Steven arse Smith. He's their biggest loser and they celebrate him.
Posted on 6/30/23 at 6:51 pm to SpartanSoul
I can’t believe it was 9 years ago that SECN released to incredible hype and was the biggest cable channel launch of all time I’m pretty sure.
It was in 90 million homes on day 1.
It was in 90 million homes on day 1.
Posted on 6/30/23 at 6:52 pm to tickfawtiger
quote:
Really ? Sankey did NOT include ANY type of 'contingency plan' given the ADDITION of TWO powerhouse programs and the obvious effect on added TV exposure...HOW did he screw that up ????
That’s what I’ve been trying to figure out.
The SEC invites two more teams; thus slicing up the pie into two more pieces. If the pie did not get larger so that the pieces for each school got larger; why go it?
Posted on 6/30/23 at 7:15 pm to SpartanSoul
I do not watch any of their daily talk shows. All racist. Stephen A Smith needs to go. He a big mouth who knows nothing.
Posted on 6/30/23 at 7:20 pm to doubleb
ESPN is not in trouble. Walt Disney Company is not in trouble. Viacom/Paramount would kill to be in Disney's shoes right now, as would Warner Discovery.
Media conglomerates occasionally take a look at their people, do a cost vs value analysis, and lay off accordingly. ESPN has done it before because they habitually hire way too many people. The list of people who were laid off cost too much when compared to the value they brought to the table. There are a lot of people over there who bring little value, but they are probably cheaper.
As far as the SEC and ESPN go, the new contract hasn't even started yet and there are people here discussing what the SEC can do to get out of it. Sorry, folks, that's not happening and there's no one else to give them that kind of money.
Media conglomerates occasionally take a look at their people, do a cost vs value analysis, and lay off accordingly. ESPN has done it before because they habitually hire way too many people. The list of people who were laid off cost too much when compared to the value they brought to the table. There are a lot of people over there who bring little value, but they are probably cheaper.
As far as the SEC and ESPN go, the new contract hasn't even started yet and there are people here discussing what the SEC can do to get out of it. Sorry, folks, that's not happening and there's no one else to give them that kind of money.
Posted on 6/30/23 at 7:29 pm to bstaceyau19
quote:
As far as the SEC and ESPN go, the new contract hasn't even started yet and there are people here discussing what the SEC can do to get out of it. Sorry, folks, that's not happening and there's no one else to give them that kind of money.
Exactly so why did the SEC admit two more schools?
No extra money was coming in so why add schools?
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