Posted on 11/25/2021 9:10:00 PM PST by SeekAndFind
Tommy Sotomayor had a hilarious segment regarding ESPN the other night. He said white people should just stop watching it and let it go broke.
Oh and let’s keep in mind there’s an estimated 120 million house holds. So being “down to” 79 million households as “customers” is hardly a death knell.
Music to my ears.
I still remember that abomination of a Vandy game done by Beth Mowins when she:
Claimed McElwain iced his own kicker by calling timeout. Her co-announcer tried to save her by pointing out the Vandy coach had called the timeout but she ignored him and went on and on about it.
Later on a desperation 4th down play Treon Harris who was about to get sacked tossed one up into triple coverage to try to convert. Hey, might as well, it’s 4th down anyway. She went on and on about how that was a I’ll advised pass and he “needed to be smarter than that”. Yeah honey. He should have eaten it or thrown it away ON FOURTH FRICKING DOWN! Genius observation on your part.
Got WOKE?
I expect many of those 76 million households are bundled cable subscriptions, where ESPN is one of the three-hundred channels you get for your monthly fee. That’s the case with me, but I can’t recall ever watching it.
I’m amazed they have 76 million households
Its just because its bundled with Hulu and Disney. And even then you can’t watch anything on it. Only time its worth a crap are the bowl games. After that worthless channel of crap of that midget mind Stephen Smith thinking he knows sh!t about sports.
Learn how to read the Cash Flow section of the quarterly financial filing with the SEC and you’ll see why.
Where was the cash flow coming from? Were that many idiots continuing to buy Disney themed merch?
The reason your brother in Florida is so busy is because it is full of Retirees.
Those older retirees still subscribe to cable while the younger folks have cut the cord and enjoy nearly all of their entertainment via streaming on their phone or tablet.
Nope.
Cell streaming services cannot meet their demands.
The fiber does because it can handle all the demand of multiple devices, steaming video and all the other demands like security systems ,smart appliances, smart outlets and smart switches and on and on.
In this area of West central Florida the new developments are mixed but mostly families.
These are classic leftists.
They should bribe the ratings companies to fake the numbers!
If that does not work they should howl at their “Neanderthal former customers”!
Cable revenue is ENORMOUS. ESPN is BY FAR the biggest cost to a cable operator. The last numbers I saw is that ESPN is paid 6x as much as Fox News per subscriber for a simple comparison.
Here’s a 2020 story to give you some perspective:
How ESPN makes money
Disney doesn’t break out ESPN’s financial performance, so understanding the segment takes some detective work. The business falls under the company’s media networks segment, where Disney accounts for its numerous TV channels. Last year, the media networks segment generated $24.8 billion in revenue. Furthermore, it earned $7.5 billion in operating income — more than any other segment!
TV channels such as ESPN make money from affiliate fees (fees per subscriber charged to cable companies and other pay-TV operators), advertising, and online streaming.
Each cable TV channel charges a nominal fee to be carried in a cable package. ESPN is notorious for being the most expensive channel, and it’s not even close. As of 2017, cable subscribers were paying more than $9 per month for ESPN’s top four channels (ESPN, ESPN 2, ESPNU, and SEC Network), and affiliate fees have continued to rise since then. For comparison, most channels charge less than $1. ESPN has about 80 million subscribers. Even at 2017 affiliate fee rates, that would translate into roughly $8.6 billion in affiliate fees annually ($9 x 80m subscribers x 12 months).
Why does ESPN garner so much money from cable operators? Because ESPN is the highest-rated cable channel among men and reaches 200 million viewers per month. High ratings and reach also enable ESPN to generate strong interest from advertisers. SNL Kagan estimated $2.3 billion in ESPN advertising revenue for 2018.
Finally, ESPN has a streaming service called ESPN+, launched in 2018. ESPN+ isn’t a replacement for the ESPN channel; it is more of a companion. The app doesn’t broadcast the most-watched sports games, but it does have broadcasts from the MLB, NHL, UFC, and more. The service costs $4.99 per month and had 7.6 million subscribers as of February 2020. This equates to roughly $460 million in annual revenue, and it is growing quickly.
In total, ESPN likely generated at least $11.4 billion of revenue last year ($8.6 billion affiliate fees + $2.3 billion advertising + $0.5 billion streaming). This accounts for well over 40% of Disney’s Media Networks segment, making ESPN one of Disney’s highest-grossing businesses.
*****
Just to add a little more, when you see something new like the ACC Network, that’s a Disney/ESPN partnership with the Conference and as they also extend to streaming capabilities, with ESPN+, that is also generating more cash flow. Live Sports are the ONLY thing that can’t be easily replaced by TV on demand (in a time sense) because most people will not watch an event they already know the score of.
To my family, ESPN is an unavoidable expense free with the streaming subscription.
there has never been an ESPN presentation on out TV screen
The 76 million households is a true figure but is meaningless because of households like mine
Thoroughbred jocks are a plague on America
Have it your way... but, here's the direction the parade is going in.
Ad-supported streaming sports: the next big thing
https://adage.com/article/tubi/next-frontier-tv-advertising-streaming-sports/2366436
All told, Comcast's cable service -- you know it as Xfinity -- shed another 408,000 customers last quarter, bringing the attrition figure up to nearly 1.3 million through the first three quarters of the current fiscal year. That's more cable subscribers than it had lost through the first three quarters of last year when COVID-19 lockdowns gave consumers plenty of time and reason to cancel their cable service and look for cheaper alternatives.
That's a problem for an organization predominantly considered a "cable company."
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