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re: Sources: ESPN laying off hundreds
Posted on 5/21/13 at 2:25 pm to IndependentGeorge
Posted on 5/21/13 at 2:25 pm to IndependentGeorge
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 on 5/21/13 at 2:30 pm to Keltic Tiger
Trust me, if you meant to direct that at me, I do not like espn. Sports center is garbage and they are obviously greedy as frick. All programming there has turned to shite. They have twenty five analyst for every sport. They pay idiots like Berman and Holtz and Reece Davis, and Musberger (through ABC), Corso, Bayless.
Posted on 5/21/13 at 2:31 pm to Keltic Tiger
quote:
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?
what did the article say about ESPN's costs? being a high revenue generator does not mean, in any way shape or form, that you have a healthy profit margin.
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