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Roanokie

Joined: 10/07/1999 Posts: 3649
Likes: 914


More bad news for ESPN subscribers


It all makes me very curious to see what the ACC and ESPN come up with. The likelihood of it being a traditional cable television channel is about nil.



ESPN DOWN 1.5 MILLION SUBSCRIBERS AS CABLE SPORTS NETWORKS KEEP SHEDDING VIEWERS
Posted by Andrew Bucholtz on Jun 1, 2016 17:00

The numbers of subscribers for cable sports networks continue to plummet, and ESPN is once again one of the hardest-hit. ESPN had a peak of 99 million subscribers in 2013, but fell to 92 million by November 2015 and 90.8 million in February, and now they’re down even further. Sports TV Ratings recently posted the June 2016 cable coverage estimates from Nielsen, which show that ESPN has dropped by another 1.5 million subscribers, and other sports networks are falling as well.

While FS1 is down significantly as well (interestingly, FS2 and NBCSN are up), the blows to ESPN and ESPN2 are the biggest news here, especially considering that lackluster ESPN results are already hurting Disney’s stock price. This will be a substantial revenue blow for ESPN; What You Pay For Sports has the monthly per-subscriber fee for ESPN alone as $6.61, so this drop of 1.523 million subscribers means a loss of $10,067,030 monthly, and that’s before you consider the impact of lower ratings and lower advertiser revenue from less subscribers. ESPN2 also has a monthly subscriber fee of $0.83, so their loss of subscribers would be a monthly $1,288,990 hit. Meanwhile, FS1 is taking a bit of a hit too, with a $0.99 subscriber fee and a monthly loss of $947,430. Still, it’s the blow to ESPN that’s the most notable, given how big their fee is and how much money comes in from it. Their lead in subscribers over FS1 and NBCSN is also dwindling a bit. It will be interesting to see if they can find a way to turn this around, if it adds impetus to their plan to be included in skinny bundles and streaming services, and if it ever convinces them to actually launch a standalone over-the-top service to try and recapture some of these cord-cutters.

(In response to this post by ScottyHeel)

Link: Sports Channels dropping subscribers


Posted: 06/01/2016 at 9:51PM



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Current Thread:
 
  
Pete Thamel puts out info on imminent ACC Channel -- ScottyHeel 06/01/2016 9:23PM
  My Prediction is a blended approach -- Red Hokie 06/01/2016 10:28PM
  More bad news for ESPN subscribers -- Roanokie 06/01/2016 9:51PM
  If only I could drop the SECN and BTN ** -- Lead Dog 06/01/2016 10:08PM
  I expect an ACCN announcement by the end of this month. ** -- Old Line Hokie 06/01/2016 9:48PM
  My guess is they will announce by June 30 as well -- CobbCountyHokie 06/01/2016 10:36PM
  Seems they are -- Roanokie 06/02/2016 08:47AM
  I was thinking of new deals -- jms41 06/02/2016 09:12AM
  That makes sense. -- Old Line Hokie 06/01/2016 10:51PM
  I think the announcement would be seperate -- mrcaniac 06/02/2016 1:20PM

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