The Artist Formerly Known as PhormerPhrog
Full Member
Can you do a screen shot of said guide?Klaw said:
ESPN Hemorrhaging
- Thread starter Pharm Frog
- Start date
boonecountyman
Active Member
I posted this earlier on the B12 Conference board.
Disney reports earnings today.
www.thestreet.com/story/138844...AHOO&yptr=yahoo
Just in
isney misses earnings projections per share and total revenue.From the report comes the following.
"
Operating income at Cable Networks decreased $207 million to $1.4 billion for the quarter due to decreases at ESPN and the Disney Channels, partially offset by an increase at Freeform.
The decrease at ESPN reflected lower advertising and affiliate revenue and higher programming and production costs. Lower advertising revenue was primarily due to fewer impressions and lower rates. The decrease in impressions was driven by the Fiscal Period Impact, lower ratings and fewer units sold. Lower affiliate revenue was due to the Fiscal Period Impact and a decline in subscribers, partially offset by contractual rate increases. The increase in programming and production costs was driven by costs for Olympics programming internationally, the World Cup of Hockey rights and higher contractual rates for college sports, partially offset by the absence of costs for the British Open and a favorable Fiscal Period Impact."
Disney reports earnings today.
www.thestreet.com/story/138844...AHOO&yptr=yahoo
Just in
isney misses earnings projections per share and total revenue.From the report comes the following."
Operating income at Cable Networks decreased $207 million to $1.4 billion for the quarter due to decreases at ESPN and the Disney Channels, partially offset by an increase at Freeform.
The decrease at ESPN reflected lower advertising and affiliate revenue and higher programming and production costs. Lower advertising revenue was primarily due to fewer impressions and lower rates. The decrease in impressions was driven by the Fiscal Period Impact, lower ratings and fewer units sold. Lower affiliate revenue was due to the Fiscal Period Impact and a decline in subscribers, partially offset by contractual rate increases. The increase in programming and production costs was driven by costs for Olympics programming internationally, the World Cup of Hockey rights and higher contractual rates for college sports, partially offset by the absence of costs for the British Open and a favorable Fiscal Period Impact."
Travis Trucks
Active Member
Good. ESPN has basically become a sports MSNBC. Nothing but social justice and left wing politics wrapped up in sports news and coverage.
Peacefrog
Degenerate
Just a question - if ESPN was nothing but right wing politics wrapped up in sports news and coverage, would that be ok with you?Travis Trucks said:
Or are you simply against politics and society being discussed within the context of sports altogether?
Not trying to start a political debate. Just interested in your view point.
Travis Trucks
Active Member
Peacefrog said:
The latter. Sports is sports. Stop mixing in politics with it.
They dropped Grantland because it was "too niche" and replaced it with The Undefeated, which is pretty much a website dedicated to reverse racism and shaming white people from a sports angle.
Honestly I think ESPN has gone all in on politics and social justice because the directive is coming from the top(Disney).
Pharm Frog
Full Member
Peacefrog said:
Pertinent to your question there's this little gem directly from an ESPN ombudsman
The 2016 presidential election season has been one most of us will never forget. The tone has been ugly, the controversies endless, the coverage unrelenting. Our social media feeds are full of politically charged statements, and what dialogue does exist between differing sides more often resembles a WWE match than nuanced debate.
Thankfully, I get to write about ESPN, where the focus on sports means I never have to deal with politics.
Ah, if only that were true.
As it turns out, ESPN is far from immune from the political fever that has afflicted so much of the country over the past year. Internally, there’s a feeling among many staffers -- both liberal and conservative -- that the company’s perceived move leftward has had a stifling effect on discourse inside the company and has affected its public-facing products. Consumers have sensed that same leftward movement, alienating some.
http://www.espn.com/blog/ombudsman/post/_/id/767/inside-and-out-espn-dealing-with-changing-political-dynamics
FBallFan123
Active Member
BABYFACE said:
He already has...the only direction for them to go is further down, because they aren't going up anytime soon.
I'm just waiting for when FS1 starts to get meaningful Big Ten games, because I want to see how much farther ESPN's ratings fall then.
But I say let him take the network where's he's been leading it for years, and the sooner the better....the network needs to bottom out at this point.
It's disappointing that FS1 is making some of the same mistakes as ESPN, but perhaps the one good thing with Jamie Horowitz taking Fox Sports 1 down the same road (with Bayless and Cowherd and Whitlock) is that it's basically saturating the hot take market.
The ratings for Undisputed (FS1) isn't drawing much of an audience itself but it is drawing some of the audience away from First Take (ESPN).
Anything that lessens SAS's platform on that network I'll take as a win.
But ESPN's problems are just so far beyond one screaming loudmouth at this point.
The disease has spread throughout the entire network.
Even Sportcenter, which used to be a staple for sports fans, is unwatchable...and not because fans can get news and scores directly to their phones.....but because the people they have on the air are terrible.
ESPN isn't about sports anymore....it's about tv personalities....and when some get too big for the network (Simmons, Olberman, Cowherd), they just create more...and each new one seems worse than the last one.
FBallFan123
Active Member
So ESPN responds to First Take's sagging numbers by doing this .... doubling down:
"First Take" Moving To ESPN In Effort To Boost Viewership
"First Take" Moving To ESPN In Effort To Boost Viewership
http://www.sportsbusinessdaily.com/Daily/Morning-Buzz/2016/11/11/First-Take.aspx
Deep Purple
Full Member
Pharm Frog said:
The following column from CBS should be required reading for everybody in the news media...
Commentary: The Unbearable Smugness of the Press
Fred Garvin
I service the entire Quad Cities Area
Deep Purple said:
Great read. Thanks for posting.
orrwasright
Active Member
I am sure there was a pretty heavy competition for the bidding for the broadcast of the World Cup of Hockey rights in the US. A death match between ESPN and OLN.
Pharm Frog
Full Member
http://variety.com/2016/tv/news/espn-abc-earnings-disney-1201923941/
ESPN, ABC Continue to Be a Drag on Disney Earnings Growth
Disney’s trials in TV reflect broader industry upheaval; at ESPN, cord-cutting and cord-shaving eating into the affiliate revenue base. Cable affiliate revenue has been the bedrock of earnings for media conglomerates, and Disney is no exception. By some estimates, ESPN accounts for as much as 30% of Disney’s operating income, and the sports powerhouse has shed 10 million subscribers in the past five years.
ESPN, ABC Continue to Be a Drag on Disney Earnings Growth
Disney’s trials in TV reflect broader industry upheaval; at ESPN, cord-cutting and cord-shaving eating into the affiliate revenue base. Cable affiliate revenue has been the bedrock of earnings for media conglomerates, and Disney is no exception. By some estimates, ESPN accounts for as much as 30% of Disney’s operating income, and the sports powerhouse has shed 10 million subscribers in the past five years.
froginaustin
Active Member
Jerome K said:
Oh well.
Fred Garvin
I service the entire Quad Cities Area
BABYFACE said:
I have a suggestion for your sanity that has worked for me. Inform people that you absolutely give zero scheisss.
