Wow, this could affect realignment in the future and ACC, SEC
** Edited by cvillehokie92 at 7/13/2023, 11:53:08 AM
Link:
Disney/ESPN
18 Replies
3y
(In response to this post by cvillehokie92)
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Stech
3y
The demographics for college sports is at the higher end too.
(In response to this post by cvillehokie92)
3y
Southeastern Atlantic Conference.
(In response to this post by cvillehokie92)
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Vippie1
3y
Apartment buildings and shopping centers are sold every day....the underlying revenue streams stay in place.
(In response to this post by ValveHokie)
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Mercury
3y
just like home loans, and car loans etc.
(In response to this post by Vippie1)
3y
for ESPN like it's still a cable subscriber through youtube tv and the like.
(In response to this post by cvillehokie92)
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jmanatVT
3y
many are opting to pick up only on demand services Netflix, Disney+, Paramount, Hulu, etc. I can find an article if you don't believe me they are on here and elsewhere.
The point being the days of ESPN having the clout to be included in and make money off the nearly universal choice, e.g. basic cable, are over.
(In response to this post by HokieToph)
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Mercury
3y
Apple is a major stockholder in disney and Job's widow is also on the board.....
(In response to this post by cvillehokie92)
3y
dipped into the sports rights business.
This development might be a gamechanger moving forward, and if ESPN ends up being sold, there could be some serious negotiating room for current (and future) contracts.
It might bring a tech giant into the linear game -
(In response to this post by Mercury)
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hokieZ71
3y
(In response to this post by Big12 guy)
3y
the scenes that we are not privy to. Maybe that is why the PAC's media deal is not signed yet.
(In response to this post by hokieZ71)
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hokieZ71
3y
Say whatever you want, live sports will dominate viewership beyond the foreseeable future.
And if Disney is this serious about moving towards streaming and focusing on making their Disney+ app as successful as possible and then moving away from live broadcasting, then there will be other people out there ready and willing to add this last bastion of valuable live media content.
If Amazon or Apple wants to get into sports, why not just go acquire ESPN, and have loads of content right there for the streaming? That makes more sense than Amazon trying to get the PAC 12 on Prime TV. If everything is moving towards streaming and live sports is still lucrative, what’s better than acquiring the premier sports “streamer” in ESPN? Especially if it’s a leaned down ESPN after all of these massive cuts by Iger.
(In response to this post by cvillehokie92)
3y
Iger has been very focused on cutting costs and streamlining Disney since he came back. It was only a matter of time before ESPN was fully assessed, especially with all the money they spend every year.
I think there is just enough value for Disney to not sell it off completely, but the possible partnerships with Apple or Amazon or Google are interesting.
Also sounds like the industry as a whole is going to see some massive shifts within the next 5-10 years with cable declining even more rapidly (if I read between the lines of what he is saying).
(In response to this post by cvillehokie92)
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Mercury
3y
this discussion is minimizing expenses and increasing revenues. This is NOT personal, its business. and as any prudent CEO needs to do for shareholders, they have to make more profit. And the streaming and cable linear broadcasting world is flatlined. (also in streaming, big media liked streaming because it cost them less to pay writers and actors for the show, than the linear world) (that's why the actors and writers/directors are striking. What the business accountants see is 1) streaming expenses will be escalating as cost to develop content grows, with a price sensitive subscription model 2) linear business with cable is flat lined with expenses going up for rights to sporting events while they are getting push back from cable and satellite services are pushing back on their ability to pass on costs to the subscribers, and 3) over the air TV is facing the same, with the cost for content at the same time they have pushed the limited for advertising dollars.
We will see....
(In response to this post by VTNSC)
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2hhoop3
3y
your statement that the ACCN is just a cost center further.
(In response to this post by Mercury)