Quote:
Originally Posted by DudeImBetter
Espn' issues don't have to do with ratings. They overpaid for multiple large sports contracts on their basis their subscriber base would remain flat. However because a significant number of people cut the cord the number went down and they have seen revenues drop close to 500 million a year from less subscriber fees paid to them by the cable and satellite providers.
Anyone who says it's because of espns politics is an idiot. Espn paid more than any network for their NFL package yet they have the WORST packages of the four. They might have overpaid by 500 million to 800 million for Monday night football alone.
As for ratings I suspect their bell cow of Sports Center no loner brings in viewers because most people can get all the information that sports center provides online and on demand.
One take I read on the layoffs is the salaries cut won't make a real dent in the black hole of money sucking them in and the layoffs are more to portray an image of aggressive action to shareholders. Not sure I buy it but it's possible.
But the espn politics and sjw take is just more evidence how blindly people will regurgitate something stupid without even thinking about it at all. I've seen people all over the place instantly triggered by that. It's so amazing.