I'm guessing the haters one here are, what, under 40?
Cuz anyone older than that has a shot of remembering the sports desert landscape that was TV prior to 1980. And the absolute salvation that the Berman-led ESPN was to that. Yeah, he's lost the plot for the last few years. But you probably can't tell a decent sports history of the last 50 years without discussing his important and beneficial place in it.
I will remember him and his early ESPN (Chris Fowler's SSA, Bob Ley, Roy freakin' Firestone) fondly.
https://www.yahoo.com/finance/news/looks-another-one-espns-most-154837631.html
Yes, from our clueless "friends" at Yahoo.
You have to love this line:
"But Berman's history as a highlights personality would not seem to fit with the direction of most sports networks as they move more toward debate and commentary."
Of course they are moving to the "Embrace Debate" model, because it is CHEAP!! E$ECPN shot itself in the foot by overpaying for rights fees...fees they pay to their own competition! Berman does the NFL Draft, but so does NFL Network! Heck NFL Network's .com site covers College Football too. Couple that with rampant cord cutting (consumers have figured out E$ECPN is the costly channel and if they don't like sports, away the cord goes), the relative staleness of what they overpaid for recently (21st Century NASCAR, the soft fix NBA, MLB, Longhorn Network) and you have a recipe that blows holes in your business model. Bristol is hemoraging cash and getting rid of Berman doesn't help much in keeping The Mouse from ordering more firings at the suit level.
Eventually, E$ECPN may need to bring George Grande back just to talk, Stephen A. and Skip style, to about the same number of viewers in 1979.
Now if someone in Bristol would just realize that Kornheiser and Wilbon are worth about 1/10th of their salaries. And that 1/10th is only legitimized by the fact that the morons and and token women that fill Around the Horn prior to them somehow actually draw a salary.
Now if someone in Bristol would just realize that Kornheiser and Wilbon are worth about 1/10th of their salaries. And that 1/10th is only legitimized by the fact that the morons and and token women that fill Around the Horn prior to them somehow actually draw a salary.
Show still rates for them, and all their other stuff has proven that you can't just plug in the intern and make the debate format work. Fox Sports 1 would double their salaries tomorrow if they got the shot, I imagine, so essentially they're worth what the market says they're worth.
https://www.yahoo.com/finance/news/looks-another-one-espns-most-154837631.html
Yes, from our clueless "friends" at Yahoo.
You have to love this line:
"But Berman's history as a highlights personality would not seem to fit with the direction of most sports networks as they move more toward debate and commentary."
Of course they are moving to the "Embrace Debate" model, because it is CHEAP!! E$ECPN shot itself in the foot by overpaying for rights fees...fees they pay to their own competition! Berman does the NFL Draft, but so does NFL Network! Heck NFL Network's .com site covers College Football too. Couple that with rampant cord cutting (consumers have figured out E$ECPN is the costly channel and if they don't like sports, away the cord goes), the relative staleness of what they overpaid for recently (21st Century NASCAR, the soft fix NBA, MLB, Longhorn Network) and you have a recipe that blows holes in your business model. Bristol is hemoraging cash and getting rid of Berman doesn't help much in keeping The Mouse from ordering more firings at the suit level.
Eventually, E$ECPN may need to bring George Grande back just to talk, Stephen A. and Skip style, to about the same number of viewers in 1979.
The cord cutting piece is overblown. They are still the [URL=https://www.canesinsight.com/usertag.php?do=list&action=hash&hash=1]#1 [/URL] cable net with a bullet in the ad demo and with overall viewers, and they are going to keep seeing increased sub fees because they are "must carry". Definitely a little bit of turbulence, but that is secular. ESPN's bigger problem is failing to keep up with changing consumer behavior. They keep plunging money into trying to return the network to its mid-90s prime by revamping Sportscenter, a format which is now irrelevant.
The sports rights are expensive but actually the only thing keeping them as a "must have" channel so they have to keep paying for them, although I agree, they inlfated the prices and are now reaping the whirlwind.
They are smart to purge some of this overpriced talent like Berman who are really just remnants of the past. They ****ed up when they got rid of Simmons...love him or hate him, the guy is a draw for millenials (aka the cord cutters everyone is panicky about), and HBO recognized that immediately. It's a microcosm of where ESPN's leadership team is...stuck in the past, when the brand was big enough to self sustain.
Just my two cents, obviously. I love talking about this ****, I work in TV Research in LA and this is what I eat, sleep and breathe.
https://www.yahoo.com/finance/news/looks-another-one-espns-most-154837631.html
Yes, from our clueless "friends" at Yahoo.
You have to love this line:
"But Berman's history as a highlights personality would not seem to fit with the direction of most sports networks as they move more toward debate and commentary."
Of course they are moving to the "Embrace Debate" model, because it is CHEAP!! E$ECPN shot itself in the foot by overpaying for rights fees...fees they pay to their own competition! Berman does the NFL Draft, but so does NFL Network! Heck NFL Network's .com site covers College Football too. Couple that with rampant cord cutting (consumers have figured out E$ECPN is the costly channel and if they don't like sports, away the cord goes), the relative staleness of what they overpaid for recently (21st Century NASCAR, the soft fix NBA, MLB, Longhorn Network) and you have a recipe that blows holes in your business model. Bristol is hemoraging cash and getting rid of Berman doesn't help much in keeping The Mouse from ordering more firings at the suit level.
Eventually, E$ECPN may need to bring George Grande back just to talk, Stephen A. and Skip style, to about the same number of viewers in 1979.
The cord cutting piece is overblown. They are still the [URL=https://www.canesinsight.com/usertag.php?do=list&action=hash&hash=1]#1 [/URL] cable net with a bullet in the ad demo and with overall viewers, and they are going to keep seeing increased sub fees because they are "must carry". Definitely a little bit of turbulence, but that is secular. ESPN's bigger problem is failing to keep up with changing consumer behavior. They keep plunging money into trying to return the network to its mid-90s prime by revamping Sportscenter, a format which is now irrelevant.
The sports rights are expensive but actually the only thing keeping them as a "must have" channel so they have to keep paying for them, although I agree, they inlfated the prices and are now reaping the whirlwind.
They are smart to purge some of this overpriced talent like Berman who are really just remnants of the past. They ****ed up when they got rid of Simmons...love him or hate him, the guy is a draw for millenials (aka the cord cutters everyone is panicky about), and HBO recognized that immediately. It's a microcosm of where ESPN's leadership team is...stuck in the past, when the brand was big enough to self sustain.
Just my two cents, obviously. I love talking about this ****, I work in TV Research in LA and this is what I eat, sleep and breathe.
Great comments, but the trend in cable is on the the downslope...Soon it will be less than 50%:
Cable TV: Cord Cutting Statistics - 2016
When do other live sports providers go NFL Network one better and control their content from cradle to grave? Can ESPN survive of commentary alone, forget their subscriber fees and #1 Cable position.
https://www.yahoo.com/finance/news/looks-another-one-espns-most-154837631.html
Yes, from our clueless "friends" at Yahoo.
You have to love this line:
"But Berman's history as a highlights personality would not seem to fit with the direction of most sports networks as they move more toward debate and commentary."
Of course they are moving to the "Embrace Debate" model, because it is CHEAP!! E$ECPN shot itself in the foot by overpaying for rights fees...fees they pay to their own competition! Berman does the NFL Draft, but so does NFL Network! Heck NFL Network's .com site covers College Football too. Couple that with rampant cord cutting (consumers have figured out E$ECPN is the costly channel and if they don't like sports, away the cord goes), the relative staleness of what they overpaid for recently (21st Century NASCAR, the soft fix NBA, MLB, Longhorn Network) and you have a recipe that blows holes in your business model. Bristol is hemoraging cash and getting rid of Berman doesn't help much in keeping The Mouse from ordering more firings at the suit level.
Eventually, E$ECPN may need to bring George Grande back just to talk, Stephen A. and Skip style, to about the same number of viewers in 1979.
The cord cutting piece is overblown. They are still the #1 cable net with a bullet in the ad demo and with overall viewers, and they are going to keep seeing increased sub fees because they are "must carry". Definitely a little bit of turbulence, but that is secular. ESPN's bigger problem is failing to keep up with changing consumer behavior. They keep plunging money into trying to return the network to its mid-90s prime by revamping Sportscenter, a format which is now irrelevant.
The sports rights are expensive but actually the only thing keeping them as a "must have" channel so they have to keep paying for them, although I agree, they inlfated the prices and are now reaping the whirlwind.
They are smart to purge some of this overpriced talent like Berman who are really just remnants of the past. They ****ed up when they got rid of Simmons...love him or hate him, the guy is a draw for millenials (aka the cord cutters everyone is panicky about), and HBO recognized that immediately. It's a microcosm of where ESPN's leadership team is...stuck in the past, when the brand was big enough to self sustain.
Just my two cents, obviously. I love talking about this ****, I work in TV Research in LA and this is what I eat, sleep and breathe.
https://www.yahoo.com/finance/news/looks-another-one-espns-most-154837631.html
Yes, from our clueless "friends" at Yahoo.
You have to love this line:
"But Berman's history as a highlights personality would not seem to fit with the direction of most sports networks as they move more toward debate and commentary."
Of course they are moving to the "Embrace Debate" model, because it is CHEAP!! E$ECPN shot itself in the foot by overpaying for rights fees...fees they pay to their own competition! Berman does the NFL Draft, but so does NFL Network! Heck NFL Network's .com site covers College Football too. Couple that with rampant cord cutting (consumers have figured out E$ECPN is the costly channel and if they don't like sports, away the cord goes), the relative staleness of what they overpaid for recently (21st Century NASCAR, the soft fix NBA, MLB, Longhorn Network) and you have a recipe that blows holes in your business model. Bristol is hemoraging cash and getting rid of Berman doesn't help much in keeping The Mouse from ordering more firings at the suit level.
Eventually, E$ECPN may need to bring George Grande back just to talk, Stephen A. and Skip style, to about the same number of viewers in 1979.
The cord cutting piece is overblown. They are still the #1 cable net with a bullet in the ad demo and with overall viewers, and they are going to keep seeing increased sub fees because they are "must carry". Definitely a little bit of turbulence, but that is secular. ESPN's bigger problem is failing to keep up with changing consumer behavior. They keep plunging money into trying to return the network to its mid-90s prime by revamping Sportscenter, a format which is now irrelevant.
The sports rights are expensive but actually the only thing keeping them as a "must have" channel so they have to keep paying for them, although I agree, they inlfated the prices and are now reaping the whirlwind.
They are smart to purge some of this overpriced talent like Berman who are really just remnants of the past. They ****ed up when they got rid of Simmons...love him or hate him, the guy is a draw for millenials (aka the cord cutters everyone is panicky about), and HBO recognized that immediately. It's a microcosm of where ESPN's leadership team is...stuck in the past, when the brand was big enough to self sustain.
Just my two cents, obviously. I love talking about this ****, I work in TV Research in LA and this is what I eat, sleep and breathe.
I would look into what factor ESPN and its subscription losses have played in an almost 30% Disney's stock slide.
Your analysis is narrow and doesn't take into account the factor that trumps everything: contribution to stock price and projected future growth. When Wall Street votes your shares down because of ESPN, you can **** well expect many more changes, some drastic. You're also dead wrong on the cord cutting. It's a huge issue. Wall Street says so. That's all that counts
How long is ESPN, or in reality Disney (as OriginalCanesCanesCanes pointed out) be able to fork out those huge fees? Will newly formed Charter Spectrum lead a charge to reduce sub fees?
Here is something interesting from the WSJ:
At Disney, Focus on Shanghai, Corporate Succession and Skinny Bundles - WSJ
"-ESPN AND CABLE BUNDLES: Due largely to the timing of sporting events, advertising revenue may be down significantly at the sports network, predicted Nomura analyst Anthony DiClemente. But the bigger question for (Disney) shareholders, as it has been since last year, is subscriber numbers, affiliate-fee revenue growth and the impact of inexpensive “skinny bundles” on Disney’s largest business: television."
How long is ESPN, or in reality Disney (as OriginalCanesCanesCanes pointed out) be able to fork out those huge fees? Will newly formed Charter Spectrum lead a charge to reduce sub fees?
Here is something interesting from the WSJ:
At Disney, Focus on Shanghai, Corporate Succession and Skinny Bundles - WSJ
"-ESPN AND CABLE BUNDLES: Due largely to the timing of sporting events, advertising revenue may be down significantly at the sports network, predicted Nomura analyst Anthony DiClemente. But the bigger question for (Disney) shareholders, as it has been since last year, is subscriber numbers, affiliate-fee revenue growth and the impact of inexpensive “skinny bundles” on Disney’s largest business: television."
It's a great question but I still think ESPN has them tied up until there is a viable alternative, which isn't on the immediate horizon.
It goes back to a post you had earlier....you can only reduce sub fees on ESPN once all the major sports packages go in-house or to a competitor. Otherwise, while ESPN still has those rights long term they still have the leverage. Spectrum can't drop them without losing 15-20% of their subs, and I don't see all the major MSO's acting collectively to collude against Disney.
Would be very interesting to watch if I'm wrong though, certainly would love to grab dinner with my buddy who works over there during that standoff.
Great back and forth, appreciate you and OriginalCCC.
I'm guessing the haters one here are, what, under 40?
Cuz anyone older than that has a shot of remembering the sports desert landscape that was TV prior to 1980. And the absolute salvation that the Berman-led ESPN was to that. Yeah, he's lost the plot for the last few years. But you probably can't tell a decent sports history of the last 50 years without discussing his important and beneficial place in it.
I will remember him and his early ESPN (Chris Fowler's SSA, Bob Ley, Roy freakin' Firestone) fondly.
https://www.yahoo.com/finance/news/looks-another-one-espns-most-154837631.html
Yes, from our clueless "friends" at Yahoo.
You have to love this line:
"But Berman's history as a highlights personality would not seem to fit with the direction of most sports networks as they move more toward debate and commentary."
Of course they are moving to the "Embrace Debate" model, because it is CHEAP!! E$ECPN shot itself in the foot by overpaying for rights fees...fees they pay to their own competition! Berman does the NFL Draft, but so does NFL Network! Heck NFL Network's .com site covers College Football too. Couple that with rampant cord cutting (consumers have figured out E$ECPN is the costly channel and if they don't like sports, away the cord goes), the relative staleness of what they overpaid for recently (21st Century NASCAR, the soft fix NBA, MLB, Longhorn Network) and you have a recipe that blows holes in your business model. Bristol is hemoraging cash and getting rid of Berman doesn't help much in keeping The Mouse from ordering more firings at the suit level.
Eventually, E$ECPN may need to bring George Grande back just to talk, Stephen A. and Skip style, to about the same number of viewers in 1979.
The cord cutting piece is overblown. They are still the #1 cable net with a bullet in the ad demo and with overall viewers, and they are going to keep seeing increased sub fees because they are "must carry". Definitely a little bit of turbulence, but that is secular. ESPN's bigger problem is failing to keep up with changing consumer behavior. They keep plunging money into trying to return the network to its mid-90s prime by revamping Sportscenter, a format which is now irrelevant.
The sports rights are expensive but actually the only thing keeping them as a "must have" channel so they have to keep paying for them, although I agree, they inlfated the prices and are now reaping the whirlwind.
They are smart to purge some of this overpriced talent like Berman who are really just remnants of the past. They ****ed up when they got rid of Simmons...love him or hate him, the guy is a draw for millenials (aka the cord cutters everyone is panicky about), and HBO recognized that immediately. It's a microcosm of where ESPN's leadership team is...stuck in the past, when the brand was big enough to self sustain.
Just my two cents, obviously. I love talking about this ****, I work in TV Research in LA and this is what I eat, sleep and breathe.