When I want to watch a game, I go to a friend’s house or a bar.
Don’t buy ESPN’s PR talk that its 7 million-household dip in subscribers is just a blip. It’s for real, and it will have serious consequences for the way you watch sports.
Source: The Sports Bubble Is About to Pop – The Daily Beast
ESPN has lost 7 million subscribers over the last two years. What you should understand is that many of the lost subscribers were not sports fans, so the ratings are not yet effected. These people decided they didn’t need to pay ESPN $10 a month (or more) for sports they don’t watch.
This is going to have a great deal of impact on the sports business. It will change Big State U’s athletic program too.
Naturally don’t take this as advice to go short Disney, as this decline can go on for a long time before it becomes calamitous.