The fall of ESPN continues. Lost income numbers are embarrassing

David Hookstead | Journalist

The fall of ESPN continues and the decreasing number of subscribers has resulted in a revenue loss of more than $ 1 billion.

Clay Travis wrote the following Friday on Outkick The Coverage:

Yesterday, Disney had announced, in its 10K annual report, that ESPN had again lost two million subscribers during the 2018 fiscal year.

ESPN now has 86 million subscribers, up from more than 100 million in 2011.

The plus point for ESPN is that the rate of decline in the number of subscribers seems to have slowed this year, but the downside is that since 2011, ESPN has lost 15 million cable and satellite subscribers. These 15 million lost subscribers represent $ 1.44 billion per year in lost annual revenue that ESPN will never be able to reserve. (This is based on a subscriber cost of $ 8 per month for ESPN multiplied by 12 months in the year.) Again, this is not a single loss of revenue, but a loss. annual income forever.

You just hate to see him. You just hate to see a network that had so much pride before selling to Liberal politics now people are cutting and directing. Hate this!

Is anyone really surprised that people are not interested in it so much? ESPN, once upon a time, was dedicated to the sport. It was an exceptional network for all your sports needs. All the guys I knew were coming back from school or work and instantly tossing ESPN to catch the latest highlights. (CONNECTION: That's how much ESPN will pay Jemele Hill to get away – it's a staggering amount)

Then, for reasons that do not seem clear to me, the world sports leader decided that injecting politics into their jokes was a good idea. They hired a woman who called President Trump white supremacist, they constantly covered the NFL kneeling, and it seemed that the network was pushing to the left as quickly as possible.

It did not make sense.

It is clear that the makers of the series at Disney have announced that it is time to change, because the president of ESPN, John Skipper, had been removed from office and the new president Jimmy Pitaro had made the decision to s' away from politics.

This is the first step back towards normality, but a certain level of damage has already been done irreparably. It's unfortunate that they lost more than $ 1 billion in revenue before it became clear enough.