More layoffs coming at ESPN as 38 per cent sales decline continues

More layoffs coming at ESPN as 38 per cent sales decline continues

Less and less people are watching sports on cable television. ESPN, a sport cable network, has lost 14 million homes in just six years. It continues to lose 10,000 subscribers a day. In 2011, ESPN peaked at $100 million. It is $86 million now.

https://www.outkickthecoverage.com/espn-cutting-nearly-100-million-in-on-air-talent-030617/

ESPN laid off 100 persons in April. Fourteen months ago, the network laid off 300. 

ESPN revenues have dropped to $4 billion from $6.4 million in 2014, according to Bloomberg, the world's largest business news organization. That's a decline of 38 per cent.

Sports viewing is down on every channel and network except Fox Sports 2. Their increase was one-half of one per cent.

http://www.sportingnews.com/other-sports/news/espn-john-skipper-contract-president-2018-layoffs-2021-donald-trump-jemele-hill/13jdpkcw3nacp1abk9vdfepu5n

http://www.sportingnews.com/other-sports/news/espn-layoffs-latest-news-rumors-firings-mike-greenberg-golic-scott-van-pelt-svp-jemele-hill/1js74yxvu7l0wz8g26kdwl7nd

http://dailycaller.com/2017/11/22/espn-crumbling-after-losing-1-billion-facing-more-layoffs-after-thanksgiving/?utm_source=site-share

https://www.outkickthecoverage.com/espn-loses-621-000-subscribers-worst-month-in-company-history-102916/

https://www.bloomberg.com/view/articles/2017-08-11/espn-s-surrender-to-grim-new-reality

http://www.powerlineblog.com/archives/2017/03/is-espn-unraveling.php

https://sportstvratings.com/how-many-more-homes-is-espn-in-than-fs1-february-2017-cable-coverage-estimates/7433/

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