Problems @ ESPN

[BarleyNY]

I posted this as a reply in another thread but thought it'd be worth discussing separately.

 

I read an article about ESPN's problems almost a year ago. By the end of last year Disney (ESPN's parent company) was one of the most shorted stocks on the NYSE. It is all due to ESPN dragging it down as the Disney business is doing very well. It is why ESPN nixed their new, big, expensive NYC studio and office project. It is also why they've been letting their expensive personalities walk. Cost cutting is severe and ongoing. The situation is basically this:

 

- ESPN has spent a lot of money on long term sporting event contracts. That includes dramatically overpaying for their NFL contract and several expensive college contracts. The strategy was to make ESPN indispensable to sports fans.

- ESPN has used this leverage to charge quite a lot for their channels. That's not just profit as the above has driven their expenses through the roof. The flagship station is the most expensive non-premium station on cable/dish. Collectively their stations are a disproportionately huge part of your cable/dish bill.

- In 2014 ESPN cost cable providers (not customers) $6.04/month. The median price of a station was 14¢. 2018 estimates are that ESPN will cost $8.37/month. http://blogs.wsj.com/numbers/how-much-cable-subscribers-pay-per-channel-1626/

- The expense is pretty reasonable if you love sports, but sucks if you don't. And most people don't. Many of those people - along with those who can't afford the ever growing cable bills - are cutting the cord.

- ESPN is retaining most of the people who love sports, but they've lost some of them along with a lot of casual viewers

- Fewer cable subscribers sends less direct revenue to ESPN and fewer viewers equates to less advertising revenue.

 

The cycle of revenue loss leading to cost cutting is continuing as more and more people cut the cord. But those expensive long-term contracts ESPN signed are still in place and they are dragging the network under. Soon there won't be much more to cut. ESPN is already becoming the network of "hot takes" because they've cut out so much of their more expensive good programming. As a sports lover I can say honestly that the only reason I haven't cut the cord is sports, but I really only care about games - college football and the NFL primarily. Something major is going to happen with ESPN and how sports programming reaches viewers in the coming few years. This could go a number of ways, but it has to change.

 

I'm sitting here wondering how this is affecting everyone else and how you are all reacting. Personally, if I could get NFL Sunday ticket a la carte I'd probably cut the cord. I might soon anyway. We pretty much just watch sports (80-90% football), FoodNetwork, HGTV, Comedy Central and regular network programming (ABC/NBC/CBS). We have Netflix and Prime and use those sometimes.

Edited June 1, 2016 by BarleyNY

[KD in CA]

ESPN, which started out as a fantastic idea, has devolved into a representation of everything that sucks with TV sports. It's now little more than a gossip station designed primarily for self promotion, with some badly over-produced games mixed in. It is by far the worst network for the NFL and awful for baseball compared to any local baseball network I've seen. Ditto for college football. SportsCenter and the rest of the blathering talking head shows have been unwatchable for years (I still miss the SportsReporters, which died with Dick Shaap).

 

I couldn't give a rat's ass if ESPN disappeared forever. In fact, it would probably be a good thing.

[26CornerBlitz]

ESPN, which started out as a fantastic idea, has devolved into a representation of everything that sucks with TV sports. It's now little more than a gossip station designed primarily for self promotion, with some badly over-produced games mixed in. It is by far the worst network for the NFL and awful for baseball compared to any local baseball network I've seen. Ditto for college football. SportsCenter and the rest of the blathering talking head shows have been unwatchable for years (I still miss the SportsReporters, which died with Dick Shaap).

 

I couldn't give a rat's ass if ESPN disappeared forever. In fact, it would probably be a good thing.

 

I completely agree with your sentiment.

[boyst]

ESPN is part of the reason I cancelled cable. I enjoy my 64 stations of over the air in middle of no where NC. And almost 80 stations after dark. I don't even have a fancy antenna

[Saxum]

The only reason ESPN survived on cable is because it is bundled. If it was separated out ala cart it would have collapsed a long time ago. Several cable companies have talked about moving it to a Sports Tier and ESPN's parent company has strongly resisted.

[eball]

The sole reason I have ESPN is for live sporting events. I couldn't care less about any of their other programming aside from the 30 for 30s. I spend way too much on TV but I enjoy the flexibility and it's not cost prohibitive for me. If I needed to tighten the purse strings I'd probably look to other areas such as my alcohol consumption.

[PromoTheRobot]

I hardly watch TV anymore. Lack of time, mainly. And when I do watch, it's Netflix or HBO Go. I buy NHL Game Center Live and living in New England, with the Patriots always in prime time, they show the Bills on local TV a lot Sundays at 1.

 

As for ESPN, I do enjoy my access to WatchESPN which provides me with almost every UB football and basketball game. Otherwise I don't care. I don't watch MLB or the NBA. Don't care about college sports beyond UB. I get game highlights online.

[Mr. WEO]

From Bloomberg:

 

"ESPN has a rationale. Unlike the other networks, which have to share the fans’ attention on Sundays, ESPN owns Monday—a weeknight in prime time. Not surprisingly, Monday Night Football is the highest-rated show on cable television and the highest-rated show for young men on Mondays. ESPN’s current deal allows it possibly to air playoff games, which was not previously the case.

ESPN in now a strong position relative to the cable companies, which already pay the network an industry high of $6 monthly per subscriber. ESPN’s current deal with the NFL spans eight years, during which time its contracts with cable providers will come due for renewal. With its full slate of NFL games and its general heft, ESPN has been able to pass along its additional costs to the cable companies—which, in turn, pass them to the customer."

[Wayne Cubed]

I cut the cord from Cable TV a couple years ago. With things like AppleTV, the only thing I pay for is internet, I watch everything streaming. You can get A LOT of TV content online these days and I always hated paying for channels I never watched. And there was never anything on. I don't miss it and am able to get Sunday Ticket MAX so I don't get miss the Bills games.

[stony]

The sole reason I have ESPN is for live sporting events. I couldn't care less about any of their other programming aside from the 30 for 30s. I spend way too much on TV but I enjoy the flexibility and it's not cost prohibitive for me. If I needed to tighten the purse strings I'd probably look to other areas such as my alcohol consumption.

Ditto

[Fadingpain]

ESPN, which started out as a fantastic idea, has devolved into a representation of everything that sucks with TV sports. It's now little more than a gossip station designed primarily for self promotion, with some badly over-produced games mixed in. It is by far the worst network for the NFL and awful for baseball compared to any local baseball network I've seen. Ditto for college football. SportsCenter and the rest of the blathering talking head shows have been unwatchable for years (I still miss the SportsReporters, which died with Dick Shaap).

 

I couldn't give a rat's ass if ESPN disappeared forever. In fact, it would probably be a good thing.

This says it all. Glad to hear they are having trouble.

[stony]

The only reason ESPN survived on cable is because it is bundled. If it was separated out ala cart it would have collapsed a long time ago. Several cable companies have talked about moving it to a Sports Tier and ESPN's parent company has strongly resisted.

 

I'm the exact opposite. I'd pay for it bundled, and cut out the rest of the crap I don't watch.

[Bleeding Bills Blue]

I only watch live sports on it. And there aren't nearly enough live sports to justify having it. They show baseball games like twice a week, and half the time they're yankee games which i would get on YES anyway (not a yankee fan...). Then there's the NBA, which they show a fair amount. I pay for it because its included in my cable, but if I could drop it and add even just the MLB channel or something instead, I would.

[4BillsintheBurgh]

I don't really watch espn much anymore. If I do it's nfl live and whenever I see it in the guide it seems like it's 50/50 that it's even on. Root sports has local hockey games, nbcsn has soccer and I can get nfl games through the computer if I want to. I guess they're trying to simulate these forums by having everyone's opinion on these shows, but guys like Steven A smith are unwatchable for me.

 

The time for a la carte has come, let's get on with it.

Edited June 1, 2016 by 4BillsintheBurgh

[26CornerBlitz]

I only watch live sports on it. And there aren't nearly enough live sports to justify having it. They show baseball games like twice a week, and half the time they're yankee games which i would get on YES anyway (not a yankee fan...). Then there's the NBA, which they show a fair amount. I pay for it because its included in my cable, but if I could drop it and add even just the MLB channel or something instead, I would.

 

ESPN has impacted the way sports is covered on television because other sports networks have to a large degree mimicked the silliness that is reflected by entertainment shtick.

Edited June 1, 2016 by 26CornerBlitz

[iinii]

I cut the cord and don't miss ESPN at all. It has become, as you say overhyped and way too redundant. They should just get Kelly Ripa and Barbara Walters to do SC. ESPN is the canary in the coal mine. Once they are unable to pay the exorbitant fees for the NFL the bidding war becomes smaller and we will see more market correction across the board. As far as the ticket goes I got sick of shelling out 300+ to watch the Bills come up short.

The NFL has to expand to other markets or it will shrink also. Kids don't watch it like we did. There are just too many other options now, which brings me to LA. Inglewood won't be the golden goose Kroenke hopes for, but then again stadiums aren't the big revenue source for teams, just the icing now. And it all comes back to ESPN and TV. TV has ruined the game as a live experience and to me the game in general. The flow of action is broken up and disjointed by the commercials. The rise and fall of the Roman Empire. Ad revenue will drop and the downward spiral will continue. We have seen the high watermark on this one.

[BUFFALOKIE]

I just looked up today's programming line up for ESPN. From 12:00am to 12:00am...not a single sport to be seen. Hours upon hours of sports talk and highlights. ESPN is the same crap.

 

Why can't they figure it out. Show some GD sports. Like actual contests. ANY FREAKIN THING!

[BarleyNY]

I just looked up today's programming line up for ESPN. From 12:00am to 12:00am...not a single sport to be seen. Hours upon hours of sports talk and highlights. ESPN is the same crap.

Why can't they figure it out. Show some GD sports. Like actual contests. ANY FREAKIN THING!

When ESPN started they used to broadcast stuff like Australian Rules Football late at night. That was a blast to watch. They'd be way better if they'd go back to that kind of thing rather than doubling down on Hot Takes!

[BUFFALOKIE]

When ESPN started they used to broadcast stuff like Australian Rules Football late at night. That was a blast to watch. They'd be way better if they'd go back to that kind of thing rather than doubling down on Hot Takes!

Australian Football, motor sports, cliff diving, anything but talk. C'mon man!

[Saxum]

When ESPN started they used to broadcast stuff like Australian Rules Football late at night. That was a blast to watch. They'd be way better if they'd go back to that kind of thing rather than doubling down on Hot Takes!

Yes I used to watch it and barely watch ESPN now.