Revelations over ESPN's seven million subscriber losses are a sign the Internet is dismantling America's half-a-trillion dollar sports industry, hitting sport on television and even sports leagues, says a report. By pioneering the neat trick of partnering with cable television operators to drill directly into the wallets of almost all cable subscribers—every face-painting team fanatic and couldn’t-give-a-flip, sports-hating HGTV obsessive alike paid the channel’s highest-in-the-industry fees, whether they knew it or not, in their cable bills—ESPN reached ever more Jordan-esque heights in revenue and profitability. The report, by the Sports Business Journal, said that ESPN has lost more than 7 million subscribers since it launched its online streaming service in 2011.
Revelations over ESPN's seven million subscriber losses are a sign the Internet is dismantling America's half-a-trillion dollar sports industry, hitting sport on television and even sports leagues, says a report. The report, by the Sports Business Journal, said that ESPN has lost more than 7 million subscribers since it launched its online streaming service in 2011.