ESPN reportedly plans another big round of layoffs in the coming weeks
BY PETE GRATHOFF
NOVEMBER 10, 2017 9:10 AM
Once upon a time, “SportsCenter” was must-see television for fans. But ESPN’s one-time signature program apparently will be at the center of another round of layoffs that reportedly will happen in the coming weeks.
Sports Illustrated reported that more than 100 people will lose their jobs after Thanksgiving. This is from the SI story:
The layoffs, which were described by a person briefed on the plans, will hit positions across ESPN including front-facing talent on the television side, producers, executives, and digital and technology staffers. The SportsCenter franchise is expected to be hit hard—including on-air people—given the frequency of the show has lessened considerably on main network ESPN.
As more people drop cable in favor of streaming, ESPN has felt the financial pinch. In April, ESPN cut a number of long-time journalists as part of a round of layoffs that included 100 people.
According to the Los Angeles Times, ESPN weighed down the earnings of its parent company, Walt Disney, in a report on Thursday. The Times said that Disney’s “revenue declined 3 percent and the company failed to meet analysts’ expectations.”
The holiday season may seem like a harsh time to shed jobs. But Sports Illustrated said one reason why ESPN is planning the layoffs between Thanksgiving and Christmas is so employees can received another year in the stock vesting program.
Originally Posted by BDj23:
Pls get rid of Jemele Hill.
Don't watch will have a bigger effect and further their demise. But I agree. Their progressive PC stances on every issue is very disturbing and definitely very nauseating for sure. And they too like the standard majority media news outlets are like the "king without any clothes on that struts down the streets" "thinking" they are all "duds out in fine linens" when in reality they are "politically naked" being laughed and scoffed at by the majority of Americans.:-)
The NFL is starting to recognize who their base "really" IS !! And it ain't progressive PC wussies !!! :-) [Reply]
ABC/ESPN acquires Formula 1 next season - Smart of Formula 1 to retain the rights to stream the races via a subscription service worldwide.
Fans have let it be known to FAA that they are pissed because ESPN did not retain the beloved British broadcast crew that fans have followed forever. They think that an American ESPN crew that have never raced in F1, designed an F1 car, and knows nothing about the industry, which includes F1 lore, will destroy the experience for viewers.
ESPN will find that the best F1 broadcast crew is irreplaceable in the booth particularly Hobbs, Leigh, Matchett and Buxton whose careers span decades in F1 racing.
NBCSN broadcasting team provides excellent commentary, banter, keen insight, unique colloquialism and humor during the races. Fans cannot imagine watching F1 without listening to the expertise of all four broadcasters together.
Originally Posted by Dylan:
ABC/ESPN acquires Formula 1 next season - Smart of Formula 1 to retain the rights to stream the races via a subscription service worldwide.
I would just like to point out that no one in the US gives a fat frog's ass about formula 1 or Indy car at this point... [Reply]
Great, fans are going to have a couple of ESPN ex-NFL players and broadcasters with a combined IQ of 20 trying to call an Formula 1 race, along with some over-bloated woman on the side of the paddock talking about one of the racer's family members.
Formula 1 controls the money made on commercials. Each team has a $500 million limit to design and develop a car each season.
You will be driving their developed designed cars in the future. :-) [Reply]
Originally Posted by Dylan:
Great, fans are going to have a couple of ESPN ex-NFL players and broadcasters with a combined IQ of 20 trying to call an Formula 1 race, along with some over-bloated woman on the side of the paddock talking about one of the racer's family members.
Formula 1 controls the money made on commercials. Each team has a $500 million limit to design and develop a car each season.
You will be driving their developed designed cars in the future. :-)
There isn't enough diversity in formula 1... [Reply]
Originally Posted by Rausch:
There isn't enough diversity in formula 1...
Formula 1 features twenty of the best racecar drivers in the world. The drivers represent the most culturally diverse countries in the world - and the least.
Meet Lewis Hamilton - He makes over $140 million a year. In fact, Hamilton wins fourth Formula 1 championship in Mexico last week ahead of the last race of the season in Abu Dhabi.
