The tally is well below ESPN’s peak of just north of 100 million homes nearly a decade ago.ĮSPN News and ESPNU, which each had 62 million pay-TV subscribers a year ago, dropped to a respective 59 million and 51 million in fiscal 2021.Īll is not gloom for ESPN however, as they have been putting up impressive numbers for their streaming service ESPN+. These numbers show the steady decline coming from not only traditional TV but ESPN in particular. This number fell to 76 million, from 84 million at the end of fiscal 2020. Of the $33 billion, which spans all Disney networks and studios, with a target of 140 scripted and unscripted series, $10.3 billion is earmarked for sports programming, per the filing.ĭisney revealed that they have seen a 10% drop in pay-TV subscribers with access to ESPN. The company’s annual reports shows that this number is up 32% from last fiscal year, where the company spent $25 billion. Disney has decided to ramp up spending while ESPN faces a tricky situation of losing subscribers for their traditional audience of cable subscribers, but an increase in streaming numbers.ĭisney has said that it would spend $33 billion on content in fiscal 2022, which began on October 1st.
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