Thursday, May 4, 2017

ESPN is losing subscribers but it is still Disney’s cash machine

http://www.economist.com/news/business/21721664-sports-fans-are-producing-their-own-bootleg-highlights-espn-losing-subscribers-it

The problem, however, is that ever-fewer people are tuning in. The number of American homes paying to get ESPN has declined by more than 12m from a peak of 100m in 2011 (see chart). ESPN is not alone: consumers are broadly abandoning costly cable packages for online services from Netflix, Amazon and Hulu.

Fuel of the future ~ Data is giving rise to a new economy

http://www.economist.com/news/briefing/21721634-how-it-shaping-up-data-giving-rise-new-economy

Most important, the value of data is increasing. Facebook and Google initially used the data they collected from users to target advertising better. But in recent years they have discovered that data can be turned into any number of artificial-intelligence (AI) or “cognitive” services, some of which will generate new sources of revenue. These services include translation, visual recognition and assessing someone’s personality by sifting through their writings—all of which can be sold to other firms to use in their own products.