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re: Sources: ESPN laying off hundreds

Posted on 5/21/13 at 2:11 pm to
Posted by IndependentGeorge
Anytown, USA
Member since Oct 2011
2355 posts
Posted on 5/21/13 at 2:11 pm to
I am against what ESPN did. But you are wrong about the apple situation. They legally did what they had to to save money. They were not evading. The laws are set. Really, it's hilarious that people buy into the government actually being mad at apple. Congress and the elite have structured those laws to keep themselves rich and in control.
Posted by Keltic Tiger
Baton Rouge
Member since Dec 2006
19488 posts
Posted on 5/21/13 at 2:25 pm to
There was an article in S.Illustrated a few mths back, to the effect ESPN earned $6 B in subscription revenue, $3 B in ad revenues, for a total of $9B in revenues last yr. It concluded that it was a $42 B revenue corporation. And it needs to increase its profit margin? Then guess what this means to the cost ESPN will charge cable companies for rights to carry designated SEC games in its new league contract. And guess who those high charges will be passed on to?
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
263364 posts
Posted on 5/21/13 at 3:57 pm to
quote:

I am against what ESPN did


Not a soul here knows the exact reasons ESPN did what they did.

Layoffs are a fact of life if you are a working man. I am a bit shocked at some of the naivety here.

It's highly possible that ESPN doesn't require these positions anymore.
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