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re: What I Don't Understand about ESPN's Strategy
Posted on 2/17/17 at 12:52 pm to TomRollTideRitter
Posted on 2/17/17 at 12:52 pm to TomRollTideRitter
quote: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 the whole idea of cable television is outdated.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
Sports talk shows are just as dated as sports highlights shows.
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
2
Posted on 2/17/17 at 1:11 pm to WestCoastAg
quote:LeBatard talks about it all the time. They had a perfect business model for years, if you wanted cable you paid for ESPN whether you watched it or not.
its not just that. the whole idea of cable television is outdated. there is nothing ESPN can realistically do to change that
Now people actually have options. They're definitely behind in the game and didn't get out in front of this one, but what were their options?
Posted on 2/17/17 at 1:15 pm to WestCoastAg
quote:this is the next step, IMO. If they offered a monthly subscription service to WatchESPN that was completely free from Cable/Satellite companies, millions would subscribe. I'll go as far as saying that ESPN, and maybe HBO, could completely destroy cable for good if they offered this outside of Cable subscriptions.
the whole idea of cable television is outdated. there is nothing ESPN can realistically do to change that. they could turn into netflix
There are a ton of people who just want to watch games. A live game subscription service with the collection of games that ESPN has would do awesome. And they wouldn't have to have filler shows eating budget. Just show live sporting events.
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