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Nov 26, 2015
6:39:19am
charles All-American
Sports bubble bursting? ESPN Has Lost 7 Million Subscribers The Past Two Years
According to a 10K filing from Disney today, which you can read here, ESPN now has 92 million subscribers. That's a troubling number because just two years ago ESPN reported it had 99 million subscribers in the same 10k filing. This means ESPN is now acknowledging that it has lost seven million cable and satellite subscribers in the past two years. Given that the average ESPN subscriber pays $6.61 a channel per month, this means that ESPN has lost somewhere in the neighborhood of $550 million in subscriber revenue per year since 2013. (That's not counting advertising dollar losses.) Moreover the decline in subscribers over the past two years is also hitting ESPN2, a loss of 7 million subscribers, ESPNNews, a loss of six million subscribers, ESPN Classic, a loss of six million subscribers, and ESPNU, a loss of four million subscribers.

http://www.foxsports.com/college-football/outkick-the-coverage/espn-has-lost-7-million-subscribers-the-past-two-years-112515
This message has been modified
Originally posted on Nov 26, 2015 at 6:39:19am
Recategorized from Football (BYU) to TV Channels / Providers by El Jefe on Nov 26, 2015 at 8:10:55am
charles
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charles
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