ESPN is trying to cut its cost as more people are dropping cable TV. Keep in mind everyone with a cable TV subscription is forking over AT LEAST $80 a year to ESPN ($6.60 average per subscriber) whether you watch the channel or not. It's the same model, but on a smaller scale, of how the SEC Network is set up (another $1.30 per month or $15.50 per year for a cable subscriber in SC). Also for ESPN to be offered as a standalone Internet streaming subscription, you are looking at about $30 a month. I've seen others say about $25. Still, it won't be cheap.
The Journal reports that ESPN has lost 3.2 million subscribers in more than a year. Since 2011, ESPN's reach in US households has fallen 7.2% after having nearly 100% of the pay-TV market, or about 100 million households.
And so things have changed quickly for ESPN.
http://finance.yahoo.com/news/theres-serious-cost-cutting-going-142652796.html
The Journal reports that ESPN has lost 3.2 million subscribers in more than a year. Since 2011, ESPN's reach in US households has fallen 7.2% after having nearly 100% of the pay-TV market, or about 100 million households.
And so things have changed quickly for ESPN.
http://finance.yahoo.com/news/theres-serious-cost-cutting-going-142652796.html
Last edited:
