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Posted on 4/26/17 at 3:54 pm to steamengineRR
quote:
losing viewers has nothing to do with losing money? you must work at espn.
ESPN generates most of their $ from cable subscriptions. Fewer people with monthly cable bills = fewer subscribers.
That is how they are losing money.
Edit - per Business Insider article from a year ago, 60% of their revenue is from subscription fees.
LINK
This post was edited on 4/26/17 at 4:09 pm
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