Poetic justice. ESPN with all their left wing propaganda and NFL. ESPN (the ABC/Disney owned propaganda outfit,) paid $2 billion for the rights to air Monday Night Football. Ratings are in the tank and attendance at games is the lowest it’s been since the 1960’s and 70’s. Now, with ESPN losing 15,000 subscriptions per day, they are sending out signals that they can no longer afford the NFL. Oh well. ESPN and the NFL deserve each other.
ESPN losing 15,000 subsribers per day, can’t afford NFL |
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ESPN pays $2 billion a year to the NFL for Monday Night Football and one NFL wild card playoff game. I’ve written for the past couple of years that as ESPN’s business collapses that ESPN’s decision on whether or not to bid to keep Monday Night Football would be the first big test of how rapidly that business is deteriorating.
What’s a deteriorating business look like? In the month of October ESPN lost over 15,000 subscribers a day in October per the latest Nielson estimates.
15,000 a day!
Effectively ESPN is tossing up a trial balloon letting Wall Street know they probably can’t afford to keep Monday Night Football rights past 2021 when its current deal expires, but they’re trying to make it seem as if this is their decision and it’s a good thing for the company.
And they’re simultaneously letting Wall Street know that their business won’t completely collapse without the NFL either because, how convenient, their executives are geniuses who negotiated language that protected them in case they couldn’t afford the NFL.