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ESPN reportedly set to lay off more than 100 people post-Thanksgiving, many from SportsCenter
http://awfulannouncing.com/espn/espn-layoffs-100-people-many-from-sportscenter.html
ESPN continues to struggle with a shift in consumer behavior, as cable and satellite subscriptions — a major source of revenue for its sports channels — erode.
Long a profit machine for Disney, ESPN has been squeezed by rising sports rights costs at a time when pay-TV revenue has been under threat because of cord-cutting. In 2010, ESPN was available in nearly 100 million homes in the U.S. Now, however, it is in about 87 million homes, according to Nielsen data.
http://www.latimes.com/business/hollywood/la-fi-ct-espn-layoffs-20171109-story.html
http://awfulannouncing.com/espn/espn-layoffs-100-people-many-from-sportscenter.html
ESPN continues to struggle with a shift in consumer behavior, as cable and satellite subscriptions — a major source of revenue for its sports channels — erode.
Long a profit machine for Disney, ESPN has been squeezed by rising sports rights costs at a time when pay-TV revenue has been under threat because of cord-cutting. In 2010, ESPN was available in nearly 100 million homes in the U.S. Now, however, it is in about 87 million homes, according to Nielsen data.
http://www.latimes.com/business/hollywood/la-fi-ct-espn-layoffs-20171109-story.html