OT: ESPN To Lay off

[Goose85]

ESPN is expecting to lay off close to 300 employees.
Disney is asking ESPN to cut $100 mil in expenses in 2016 and $250 mil in expenses in 2017 to prepare for a possible NBA deal.

I think it will be interesting to see what happens to cable revenue, and college tv deals in the next 5 years. Isn't the Big 10 up for a new tv deal in the near future?


http://finance.yahoo.com/news/report-espn-lay-off-200-144936315.html

[TheSultan]

B10 deal expires after 2016-17.

[MKE_GoldenEagleFan]

What stinks is that they are likely going to start doing more of the remote broadcast where they have the commentators in a studio...

It will be interesting to watch how these sorts of things go in the next 5-10 years because something will have to give, the TV deals can't just continue to inflate while everyone is working hard to cut the cord.

[TheSultan]

ESPN is making their stand at content. They have let go high-priced talent (like Simmons and Cowherd) knowing that people will tune in to content (new NBA contract.)

[DCwarrior]

I could only pray that Chris Berman is one of those 300

[79warrior]

ESPN is making their stand at content. They have let go high-priced talent (like Simmons and Cowherd) knowing that people will tune in to content (new NBA contract.)

Correct