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.