re: What I Don't Understand about ESPN's Strategy

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Sports talk shows are just as dated as sports highlights shows.

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its not just that. the whole idea of cable television is outdated. there is nothing ESPN can realistically do to change that. they could turn into netflix or amazon, but those companies take on debt like its going out of style. they are just different businesses and what netflix and amazon does would not work for someone like ESPN or fox sports. it just wouldnt. all of their debt is tied up in live sports and that is what is going to keep these companies going. they cant do both. they cant spend the damn near 1 billion dollars in broadcasting rights to live sports while also turning around and spending billions of dollars in producing movies and original television content

their mistake was just assuming that this massive TV cable bubble was going to keep growing while they aggressively bought up as many rights to live sports that they could get their hands on. that was their mistake. not what they are doing now with their content