For the last 40 years, [ESPN](https://inleo.io/@leoglossary/leoglossary-espn) was the undisputed leading [sports](https://inleo.io/@leoglossary/leoglossary-sports) network. It is a run that is pretty much unrivaled. While other [network](https://inleo.io/@leoglossary/leoglossary-network) genres saw competitors show up, ESPN has managed to [hold](https://inleo.io/@leoglossary/leoglossary-hold) its edge. The question is whether this is coming to an end? ESPN is the proverbial right place at the right time [story](https://inleo.io/@leoglossary/leoglossary-story). It was able to ride the wave of cable/satellite packages for massive [gains](https://inleo.io/@leoglossary/leoglossary-gain). The revenues the [company](https://inleo.io/@leoglossary/leoglossary-company-business) was able to generate was also unparalleled. https://logosmarcas.net/wp-content/uploads/2020/12/ESPN-Logo-1979-1985.jpg # As Things Change, What Is The Future Of ESPN? Sports enthusiasts have been subsidized for decades. With newer packages, this is coming to an end. >ESPN first charged pay-TV distributors less than $1 per month per subscriber in the 1980s. In 2023, ESPNβs monthly carriage fee was $9.42 per subscriber This was applied to every subscriber regardless of whether they watched sports or not. There was no way around it. Since the [network](https://inleo.io/@leoglossary/leoglossary-network-broadcast) was so popular, carriers couldn't afford to go without. This, naturally, led to lucrative [contracts](https://inleo.io/@leoglossary/leoglossary-contract) paid to the leagues for the rights to the broadcasts. The introduction of cord cutting changed [life](https://inleo.io/@leoglossary/leoglossary-life) forever. >Since 2013, tens of millions of [Americans](https://inleo.io/@leoglossary/leoglossary-american) have canceled their cable TV [subscriptions](https://inleo.io/@leoglossary/leoglossary-subscription-service), raising questions about ESPNβs future in an increasingly fragmented [media](https://inleo.io/@leoglossary/leoglossary-media) landscape. [Source](https://www.cnbc.com/2024/03/21/espn-executives-talk-streaming-plans-in-cnbc-documentary.html) This means there is no way to simply raise the fees to make more [money](https://inleo.io/@leoglossary/leoglossary-money). ## Broadcast Facing Massive Disruption ESPN is not the only entity facing an uncertain future. The problem for the network is that live sports is one of the pillars of broadcast [television](https://inleo.io/@leoglossary/leoglossary-television). With newer entrants such as [Apple](https://inleo.io/@leoglossary/leoglossary-apple-inc) and [Amazon](https://inleo.io/@leoglossary/leoglossary-amazon-company) entering, will they be able to retain the [contracts](https://inleo.io/@leoglossary/leoglossary-contract). We also have [YouTube](https://inleo.io/@leoglossary/leoglossary-youtube) becoming one of the leading [streaming](https://inleo.io/@leoglossary/leoglossary-stream-service) entity and likely will want to add to their lineup. ESPN is responding in a couple ways. To start, the company is looking to release its own streaming [application](https://inleo.io/@leoglossary/leoglossary-application) in 2025. This is a move many broadcasters jumped on. Unfortunately, thus far, it has not been a money maker for anyone other than [Netflix](https://inleo.io/@leoglossary/leoglossary-netflix). Then there is the joint venture with Warner Bros Discovery and Fox, looking to offer a service outside of the cable bundle. The goal will be to undercut what [customers](https://inleo.io/@leoglossary/leoglossary-customer) are presently paying each month. Could this combination work? A lot is riding in it and some of the biggest names are coming together. The potential certainly is that, at least from the traditional players. ## Newer Entrants The issue, as always, is not the traditional broadcasters. Instead, we have to look at the mega-technology companies who are starting to access the [market](https://inleo.io/@leoglossary/leoglossary-market). When we look at the size of the [corporations](https://inleo.io/@leoglossary/leoglossary-corporation), the networks are dwarfed by [Google](https://inleo.io/@leoglossary/leoglossary-google-company), Amazon, and [Apple](https://inleo.io/@leoglossary/leoglossary-apple-company). The [market capitalization](https://inleo.io/@leoglossary/leoglossary-market-capitalization) is not even comparable. Can these [conglomerate](https://inleo.io/@leoglossary/leoglossary-conglomerate-company) compete with any of these entities? That is the question that is going to take the Next 5 years to determine. The cable/satellite bundle was the greatest thing to happen to television, at least from the broadcaster perspective. No single entity profited more off it than ESPN. Now that the gravy [train](https://inleo.io/@leoglossary/leoglossary-train-railroad) is ending, major questions exist. [profits](https://inleo.io/@leoglossary/leoglossary-profit) for the company are basically flat. If cord cutting continues, which it likely will, the strain will accelerate. This is going to be an interesting situation to watch. The next test will be the NBA contract that coming up soon. ESPN cannot afford to lose this. We will see if some of the newer entrants get in the bidding. ____ <center> [What Is Hive](https://inleo.io/@leoglossary/leoglossary-what-is-hive)</cemter> Posted Using [InLeo Alpha](https://inleo.io/@taskmaster4450le/what-is-the-future-of-espn)
author | taskmaster4450le |
---|---|
permlink | what-is-the-future-of-espn |
category | hive-167922 |
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cryptomaniacsgr | 0 | 94,953,761,746 | 50% | ||
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holovision | 0 | 16,350,701,363 | 100% | ||
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bananass | 0 | 53,753,679,806 | 65% | ||
megaleoschein | 0 | 1,466,379,955 | 80% | ||
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dugsix | 0 | 1,828,748,461 | 100% | ||
finguru | 0 | 182,295,792,982 | 80% | ||
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leoball | 0 | 6,240,985,448 | 100% | ||
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darinapogodina | 0 | 1,490,148,060 | 100% | ||
maurofolco | 0 | 1,452,128,158 | 100% | ||
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libertyctp27 | 0 | 556,084,479 | 100% | ||
holovision.cash | 0 | 2,924,543,040 | 100% | ||
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hankanon | 0 | 55,487,274,632 | 100% | ||
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chuyster | 0 | 623,604,222 | 100% | ||
jocieprosza.leo | 0 | 6,369,207,203 | 100% | ||
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Not just ESPN, but all these media companies are going through this transformation and anyone who doesn't adapt could suffer a lot of losses, profits... whatever you want to understand. At least in the last 10 or 15 years, ESPN has been among the main sports channels not only there, but here in Brazil as well and today with so many streaming and independent channels on YouTube are on the market making the competition for the audience more and more competitive. . If they don't do anything, things certainly won't look good for ESPN.
author | coyotelation |
---|---|
permlink | re-taskmaster4450le-ubqftnmb |
category | hive-167922 |
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created | 2024-03-24 04:45:12 |
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I agree. There is a lot of disruption. We need #web3 to get into the game.
author | taskmaster4450le |
---|---|
permlink | re-coyotelation-yjdfrpkj |
category | hive-167922 |
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It will undoubtedly be our salvation when this happens.
author | coyotelation |
---|---|
permlink | re-taskmaster4450le-sy5sjm6n |
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created | 2024-03-24 17:11:03 |
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binance2 | 0 | 23,198,914,174 | 7% | ||
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taskmaster4450le | 0 | 366,643,092,531 | 10% | ||
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Its really sad to hear this I just don't understand the sudden change. After all these years. We need to look deeper for real Posted using [SportsTalkSocial](https://www.sportstalksocial.com/@etiboy56/re-taskmaster4450le-lu626x3n)
author | etiboy56 |
---|---|
permlink | re-taskmaster4450le-lu626x3n |
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created | 2024-03-24 21:56:39 |
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etiboy56 | 0 | 1,436,137,224 | 100% | ||
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Sudden change? Cord cutting started more than a decade ago.
author | taskmaster4450le |
---|---|
permlink | re-etiboy56-2xzebmc3g |
category | hive-167922 |
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created | 2024-03-24 22:00:30 |
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Hearing about the slow decline of ESPN is saddening. The brand has been pretty much one of the go-to sports channels for the longest time. Seeing their hold on the industry slip is expected, with the way a lot of things in the media has been going. It is good to see that they're not going down without a fight, and are trying to salvage the situation. I hope the result is better for the consumers.
author | outwars |
---|---|
permlink | re-taskmaster4450le-sau7uq |
category | hive-167922 |
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created | 2024-03-24 05:42:27 |
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oakshieldholding | 0 | 1,453,549,855 | 10% | ||
binance2 | 0 | 25,911,930,621 | 7% | ||
vault3 | 0 | 3,404,027,523 | 7% | ||
taskmaster4450le | 0 | 382,814,400,567 | 10% | ||
etiboy56 | 0 | 1,266,661,271 | 100% | ||
magnacarta | 0 | 1,622,175,623 | 5% | ||
town-hall-voter | 0 | 2,813,161,622 | 10% |
Doesnt upset me in the least. It went from a sports network years ago. Now it is politics.
author | taskmaster4450le |
---|---|
permlink | re-outwars-acnfrwet |
category | hive-167922 |
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created | 2024-03-24 12:41:09 |
last_update | 2024-03-24 12:41:09 |
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etiboy56 | 0 | 1,293,469,343 | 100% | ||
outwars | 0 | 3,259,510,433 | 5% |
>To start, the company is looking to release its own streaming application in 2025. I think Espn will some how make its streaming application work but I just feel 2025 is far away what if a competitor like "Fox Sports" comes in before they do who knows may be they should just hurry up with this plan of theirs.
author | revolverocelotyt |
---|---|
permlink | re-taskmaster4450le-2024324t53113968z |
category | hive-167922 |
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created | 2024-03-24 00:31:15 |
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---|---|---|---|---|---|
oakshieldholding | 0 | 1,459,195,498 | 10% | ||
binance2 | 0 | 25,975,509,780 | 7% | ||
vault3 | 0 | 3,412,454,639 | 7% | ||
taskmaster4450le | 0 | 384,262,024,335 | 10% | ||
etiboy56 | 0 | 1,320,855,802 | 100% | ||
town-hall-voter | 0 | 2,823,967,271 | 10% |
I am not sure Fox is a legitimate competitor in regards to the network. FS1 pales in comparison to ESPN. It will come down to the live sports contracts. We will see where that goes. ESPN, for example, has a virtual monopoly on college football with the Big Ten network etc...
author | taskmaster4450le |
---|---|
permlink | re-revolverocelotyt-2ca2a2ww8 |
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created | 2024-03-24 12:40:09 |
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etiboy56 | 0 | 1,348,801,168 | 100% |