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Tuesday, March 07, 2017

Travis: ESPN Cutting Nearly $100 Million In On-Air Talent

#StickToSports

Two years ago ESPN cut several hundred behind the scenes jobs to save hundreds of millions of dollars in yearly costs. Since that time ESPN’s subscriber losses have accelerated, averaging over three million lost subscribers a year. Now new jobs cuts are coming, only this time you’re likely to know some of the casualties—Outkick has heard from a variety of different sources that ESPN is cutting up to $100 million in on-air salaries.

Yep, on air. This means you’re going to know many of the people leaving the network.

The cuts will come via buyouts and expiring contracts that won’t be renewed and when those layoffs start becoming apparent many will recognize that what Outkick has been writing for a couple of years now—ESPN is in a world of trouble and doesn’t know how to stem a rapidly collapsing business model.

ESPN’s collapse is the biggest story in sports yet most still haven’t realized it.

That business collapse at ESPN has caused a panic at the network, a desperate grab for relevance that has led to a pronounced leftward move. ESPN’s trying desperately to stay relevant as ratings collapse and subscribers flee. The decision? “We’ll be MSESPN, the home for far left wing politics and sports!” Only, it’s not working.

Renegade (((JE))) Posted: March 07, 2017 at 06:00 PM | 260 comment(s)
  Beats: broadcasting, cable, espn, jobs, politics

 

 

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