[ad_1] Disney‘s ESPN is at a crossroads. For more than 40 years, the world’s largest all-sports network has grown annual revenue by increasing cable subscription fees. ESPN first charged pay-TV distributors less than $1 per month per subscriber in the 1980s. In 2023, ESPN’s monthly carriage fee was $9.42 per …
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Former Disney CEO Bob Chapek breaks silence, says there’s no strategic need for ESPN partners
[ad_1] Bob Chapek, chief executive officer of Disney, speaks at the 2022 Disney Legends Awards during Disney’s D23 Expo in Anaheim, California, Sept. 9, 2022. Mario Anzuoni | Reuters In his first public comments since Disney fired him as CEO in November 2022, Bob Chapek told CNBC he sees no …
Read More »Here’s what Wall Street wants to see from Hollywood this year
[ad_1] Picture Alliance | Picture Alliance | Getty Images It’s the third act of the streaming wars. That’s the time a hero, seemingly beaten and broken, rises up and saves the day. But Wall Street is worried that hero may never come for Hollywood. Legacy media companies including Disney, Warner …
Read More »NFL’s Black Friday game is the latest warning sign for traditional TV
[ad_1] Jacob Kupferman | Getty Images The Miami Dolphins and the New York Jets face off in the National Football League’s first ever Black Friday game this week — but it’s not going to be the usual broadcast or cable offering. The game will stream exclusively on Amazon’s Prime Video. …
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