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ESPN layoffs are coming soon — and nearly everyone is vulnerable

KeithE4 said:
Without rights deals, there's no need for a budget because ESPN will have no need to exist.
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Who said they have to over pay for rights deals. If they are not getting subscriber fees how can they recoup their money.

Why do you think it costs $10 per month per subscriper. It’s not for SVP.
 
Don CT said:
Who said they have to over pay for rights deals. If they are not getting subscriber fees how can they recoup their money.
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They overpay because they want to win the rights. If they offer less than whatever the competition is offering, then they have nothing to televise. And until economic and technological sea changes came to sports on TV, ESPN was making back its rights fees, and then some, through advertising revenue.
 
CTListener said:
They overpay because they want to win the rights. If they offer less than whatever the competition is offering, then they have nothing to televise. And until economic and technological sea changes came to sports on TV, ESPN was making back its rights fees, and then some, through advertising revenue.
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According to the article ESPN is still making money and viewership is up 20%. So this is more Disney pinching pennies.
 
deadline.com

Disney Layoff Rounds Likely Starting Before Annual Meeting; Details On Cuts Emerge

EXCLUSIVE: With Disney’s April 3 shareholder meeting — a virtual affair this year — less than two weeks away, some clarity is emerging about the company’s plans to reduce st…
deadline.com deadline.com

Turns out the rest of Disney is facing this.

EXCLUSIVE: With Disney’s April 3 shareholder meeting — a virtual affair this year — less than two weeks away, some clarity is emerging about the company’s plans to reduce staff and cut costs.

Insiders tell Deadline that multiple rounds of cuts are being prepared. The first one is being targeted for late March, likely next week, we hear. (March 30 or March 31 have been floated as possible dates, but that has not been confirmed.) According to sources, there will be a big wave in late April, described as “the big one” or a “bloodbath,” when a large portion of the cuts are expected to come.
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March 30 is MLB Opening Day, with the first Sunday Night Baseball game on April 2. Can we assume that everyone involved is safe, or would Disney management slash ESPN's baseball crew just as the season begins? Similarly, the rumored "Big One" falls during both the NBA and NHL playoffs. Again, new or fewer faces in the booth and studio as the postseason heats up?
 
CTListener said:
March 30 is MLB Opening Day, with the first Sunday Night Baseball game on April 2. Can we assume that everyone involved is safe, or would Disney management slash ESPN's baseball crew just as the season begins? Similarly, the rumored "Big One" falls during both the NBA and NHL playoffs. Again, new or fewer faces in the booth and studio as the postseason heats up?
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If anyone they can some midday sports center people.
 
Y2kTheNewOldies said:
According to sources, there will be a big wave in late April, described as “the big one” or a “bloodbath,” when a large portion of the cuts are expected to come.
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Time will tell. I've worked for large corporations, some of which had RIFs, or Reductions In Force. While some were deeper than others and none were easy - Even those folks that remained on the payroll were impacted as they had to pick up the work load of those who departed, I can tell you that rarely did the staff have even the approximate dates of forthcoming RIFs correct, and the actual amount of RIFs that actually took place was small in comparison to the number of rumored ones. Many seemed to be creations of employees who had too much time on their hands and would gossip about everything and everyone, either in person or through messenger and the stuff they came up with would spread.
 
CTListener said:
It's been canceled? I thought it would return with the start of the regular season.
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It was cancelled years ago. They just do it Sunday night before the game now. Once they cut back on the weekday games they scaled back on baseball coverage.
 
Don CT said:
It was cancelled years ago. They just do it Sunday night before the game now. Once they cut back on the weekday games they scaled back on baseball coverage.
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I keep forgetting that I've cut the cord and have been watching ESPN+ only for several years. It was only last fall that I subscribed to YouTube TV. When I didn't see Baseball Tonight, I figured it was just on hiatus until Opening Day 2023.
 
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