The Goat Pen

heh

Has AA been asked to be Tide's offensive coordinator yet?

Cable networks, particularly ESPN, have been an albatross on Disney’s stock price even as the company’s two other major prongs, movies and theme parks, continue to perform well. As cheaper TV alternatives began to proliferate, ESPN hemorrhaged subscribers during the course of 2016 and is now at less than 88 million, compared with a peak of 100.1 million in 2011. At an estimated $7 per subscriber, that dip has been a substantial hit to Disney, especially considering media networks made up 49 percent of Disney’s profits during fiscal 2016.

At the same time, rights fees for the live sports ESPN specializes in broadcasting continue to go up, as there’s plenty of competition for one of the few pieces of programmed television that still delivers monster ratings. ESPN will pay $7.3 billion for content this year – the biggest price tag among all media companies. Operating income at Disney’s cable networks division — primarily ESPN — plunged 11 percent compared with the same time the previous year. Disney attributed that drop entirely to lower ESPN revenue.

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what am I missing here - 88 million people at $7 a pop is $616m right? or is that $7 a month? which would be 7.4B

because paying out 7.3 billion with a B in content seems like a very BAD business model.

Yes monthly. Also, $7 bucks is just ESPN. Its over $10 after ESPN2, U, News, SEC and LHN

Also theres the advertising revenue

I'd like to see an advertisement for your funeral...

http://www.cnbc.com/2017/02/08/disney-s ... gains.html

why do you lie ecat?

crashcourse wrote:http://www.cnbc.com/2017/02/08/disney-s ... gains.html

why do you lie ecat?

\

heh

I have no idea..

Both can be right. eCat referenced what ESPN has experienced in subscribers because of cable's decline of users. The market seems to feel that Disney (and ESPN) is well positioned to take advantage of the digital viewing experience that many feel media is heading to. The stock price is about future expectations moreso than today's results. If you find a stock that is moving solely based on where they are today, then you need to trade in that name. Apparently, (right now at least) the market sees ESPN as a name that will thrive in the upcoming media landscape.

I tried to watch Sportscenter a couple of nights ago for the first time in forever.

It was unwatchable.

yeah and this new show espn 6 or whatever doesn't look to appetizing either

crashcourse wrote:yeah and this new show espn 6 or whatever doesn't look to appetizing either

they are advertising the shit out of that aren't they?

Those Bennett boys are principled...

http://www.foxsports.com/nfl/story/seat ... use-021017

Fewer sports fans are willing to spend money on ESPN in order to be propagandized.

Victor Cruz better be in a Bengals uniform next year.

Alshon Jeffery would be a better option...

Cruz is a 3rd wideout, at best, if he can stay healthy...at this point in his career.

Cruz hasn't been healthy since Obama's first term.

I don't think Cruz is done - I just think Beckham Jr sucks all the oxygen out of the room. He's 31 - he's got at at least 2 years left in the tank

I'd love Alshon Jeffery but the Bengals aren't going to pay him $12m