These are bad numbers, But the left prioritizes ideology over business success. And it's gotten away with arguing in the past that its outlets are focused on the audiences that matter. Progs. And its allies in the ad world have enabled that kind of shift. But that is proving trickier to argue when it comes to sports. Is the objective to dispose of football fans and refocus on the Williamsburg soccer hipsters who truly matter?
SPN reportedly lost 555,000 subscribers this month, according to sports writer Clay Travis.
The drop in November for the sports media company comes right after its worst-ever month, when it lost an estimated 621,000 subscribers in October.
These are really, really bad numbers with a scary floor.
If that annual average subscriber loss continued, ESPN would lose over seven million subscribers in the next 12 months. And at an absolute minimum, these 1.176 million lost subscribers in the past two months will lead to a yearly loss in revenue of over $100 million.
According to Nielsen ESPN now has 88.4 million cable and satellite subscribers, a precipitous decline from well over 100 million subscribers just a few years ago.
Now ESPN's brass will pound the table, argue numbers and then argue that they don't matter. And it will take significant intervention to correct its shift to social justice. Especially since it's a corporation wide phenomenon.