Walt Disney CEO sounds the alarm on ESPN's future
The all-sports channel has lost one of its biggest advantages, and it's not getting it back .
For decades, ESPN had a wide income over reasonably a lot every assorted cable channel. It turned into as soon as an costly income to safe, and a complete lot of of these prices dwell in situation, at the same time as that income slips away.
The self-described “World chief in sports activities” has always made optimistic it owns rights to an spectacular array of live sports activities. That is incorporated a complete lot of the principle sports activities leagues as smartly as key college video games. ESPN has also supplied a excessive volume of live programs through its affords with Main League Baseball, the NBA and the NHL as smartly as optimistic college conferences.
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As a product that will perhaps fully be found on cable, the ESPN channels had a complete lot of clout. Every cable customer paid someplace between six and $12. To safe the ESPN channels. They paid for and got these channels whether or not they wanted them or not.
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