When ESPN goes bankrupt...

OptionJacket said:
Yep. Swofford’s reign as commissioner will be seen as the cause of death for the ACC. He really did nothing of note as the commish. He basically lived on what he inherited (UNC/Duke hoops and Bowden) but did very little during his reign. He brought in a few teams and followed the course of having a championship game. Heck, his greatest achievement is getting the tip from Notre Dame which is just sad. Meanwhile, every SEC commish has made big decisions that all paid off.
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I believe Swofford was the first P5 conference commish to announce that we would play ball after Kevin Warren tried to kill the B1G covid season, so that was good.
 
OptionJacket said:
Yep. Swofford’s reign as commissioner will be seen as the cause of death for the ACC. He really did nothing of note as the commish. He basically lived on what he inherited (UNC/Duke hoops and Bowden) but did very little during his reign. He brought in a few teams and followed the course of having a championship game. Heck, his greatest achievement is getting the tip from Notre Dame which is just sad. Meanwhile, every SEC commish has made big decisions that all paid off.
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Swafford’s primary goal was giving UNC the best advantage they could have over other teams.
 
FightOn!Jacket said:
You left out the other albatross. The ACCN. Something Comcast 3 football seasons gone by finally decided to carry. They keep cutting entertainment off that channel. In the end, it’s one step above Larry Scott’s disaster aka the P12N.
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That’s annual gross revenue of $370M. The ACCN is a huge success. You sound dumb.
 
WREKedinTexas said:
ESPN is the Humpty Dumpty on the wall. With people cutting the cord, they could fail and so would televised football. I think this is the black hole of conference expansion. Prices go up, people stay home (empty stadiums). TV ratings drop when people stop paying the monthly cost of the biased media programming (sports announcers).
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Tell me you don't understand college football fans without telling me you don't understand college football fans.
 
I guarantee you nobody commenting here understands the network financials so any angry predictions of doom are just dumb. I'm in the media measuring business where network financials impact my company directly and even I dont remotely understand their financials. One thing I've learned in business investing is to take balance sheets with a grain of salt too because a great accountant can move stuff around and make them look like whatever is needed at the time (to an extent, legally that is). Anyway, it's fun to prognosticate about things we dont understand but dont get angry about it because your anger is based probably upon misinformation.
 
Not sure where this fits but MLS has a new deal with Apple that will give season ticket holders the ability to stream games for free without any TV subscription. I think a similar deal would be great for college football. No more hunting for a subscription service that has Bally, ACCN, ESPN 10, etc. You have season tickets you can watch all the games without any money out of pocket.
 
I wonder how many people have cut the cable over the past few years? I use to subscribe to Sling during football season but my team blew it against the warm up pansy in the first game last season so I dropped Sling after the first free month. I only got the games on the OTA channels. So like one bowl game, no playoffs or championship game but from what I can tell I didn't miss much. I can't even remember who won the Big game.
 
ElCidBUZZingFAN said:





That’s annual gross revenue of $370M. The ACCN is a huge success. You sound dumb.
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Well, you left out the small little fact like the SEC, B1G each have had networks well before the ACCN and are both getting an even bigger deal from FOX & ESPN in round 2 of current negotiations likely starting in 2025. Did you factor in how much revenue the ACC lost while the SEC and B1G had networks in place years before the ACC? And even with the revenue boom you wet yourself about, the ACC was still 4th out of the P5 in revenue distribution.

Current ACC deal per school payout - $36.1 million

Flip side, here are the current payouts before the new deals for the SEC, B1G, B12:

SEC per school - $56.4 million
B1G per school - $47.8 million
B12 per school - $42.6 million

A report prior to USC / UCLA going to the B1G was a projection of $100 million per school a year starting in 2025. SEC to eclipse $100 million by 2027. ACC projections was to top out in the mid $50 million per school by 2028. Again, this was all before the B1G added USC / UCLA. So even if the ACC remains a conference, they will be making an average of $45-$55 million less than every school in the B1G / SEC. Yay ACC……..
 
FightOn!Jacket said:
Well, you left out the small little fact like the SEC, B1G each have had networks well before the ACCN and are both getting an even bigger deal from FOX & ESPN in round 2 of current negotiations likely starting in 2025. Did you factor in how much revenue the ACC lost while the SEC and B1G had networks in place years before the ACC? And even with the revenue boom you wet yourself about, the ACC was still 4th out of the P5 in revenue distribution.

Current ACC deal per school payout - $36.1 million

Flip side, here are the current payouts before the new deals for the SEC, B1G, B12:

SEC per school - $56.4 million
B1G per school - $47.8 million
B12 per school - $42.6 million

A report prior to USC / UCLA going to the B1G was a projection of $100 million per school a year starting in 2025. SEC to eclipse $100 million by 2027. ACC projections was to top out in the mid $50 million per school by 2028. Again, this was all before the B1G added USC / UCLA. So even if the ACC remains a conference, they will be making an average of $45-$55 million less than every school in the B1G / SEC. Yay ACC……..
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You have no idea what you're talking about, and it's only becoming more and more obvious.

This thread is about ESPN losing money. Here are the facts.

1) You're simply posting a bunch of stupid öööö you've read elsewhere.
2) This thread weirdly at one point wandered into an ACC bashing tangent meanwhile Swofford was oddly thrown under the bus for creating the "albatross" that is the ACCN. I'd ask you to explain that one, but you'll just start regurgitating a bunch of öööö you don't understand yet read online from some obscure message board poster who too doesn't understand the business. So, don't do it. We'll just pretend you didn't say something that dumb.
3) I just proved to you with two numbers, a napkin, and a pen that ESPN and the ACC are together making a öööö ton of money on the ACCN, which had a resounding success story coming right out of the gate.


Fin.
 
ElCidBUZZingFAN said:
You have no idea what you're talking about, and it's only becoming more and more obvious.

This thread is about ESPN losing money. Here are the facts.

1) You're simply posting a bunch of stupid öööö you've read elsewhere.
2) This thread weirdly at one point wandered into an ACC bashing tangent meanwhile Swofford was oddly thrown under the bus for creating the "albatross" that is the ACCN. I'd ask you to explain that one, but you'll just start regurgitating a bunch of öööö you don't understand yet read online from some obscure message board poster who too doesn't understand the business. So, don't do it. We'll just pretend you didn't say something that dumb.
3) I just proved to you with two numbers, a napkin, and a pen that ESPN and the ACC are together making a öööö ton of money on the ACCN, which had a resounding success story coming right out of the gate.


Fin.
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You just contradicted yourself with your 1st statement. I used online resources like USA Today and Football Scoop.com for my facts & figures. The same you did with a Tweet.
If the ACCN is such a resounding success, then why did it take 3 years for the ACC and largest cable carrier aka Comcast to reach an agreement?

The part you’re continually missing is how far behind the times the ACC was when getting this off the ground. The B1GN started in 2006, SECN 2012. Those 2 leagues substantially benefit from this. While Swafford did what again? Oh yeah. Tried to get something close to the SEC numbers from ESPN he was never going to get. Then launched the network in August 2018 minus the largest cable carrier in the country.

Fast forward to now, and those 2 leagues are both about to double the revenue of the ACC per school, and you’re over here thinking the current ACCN is some great deal long term? Just wait until there are no ACC Saturday night games on ABC, ESPN or ESPN2, and you’ll be the first one crying about how ESPN is just out to make the SEC & B1G look better, while not showing Miami, FSU, GT, UVA, Wake, Pitt, BC, etc games in prime time with half capacity.
 
WREKedinTexas said:
Since ESPN is on an 8 year financial dive, and ESPN+ is a dying venture, what happens to expansion when ESPN goes out of buisness?
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Well, Disney ain't going bankrupt, so I assume you mean the ESPN division tanks. If they are in a death spiral, then someone will buy them. Plain and simple. It's not like CFB has the ability to broadcast its own content. I doubt it wants to. As to who the suitor might be? Just Google "Top media companies by revenue" and throw a dart at the top 5.
 
ElCidBUZZingFAN said:





That’s annual gross revenue of $370M. The ACCN is a huge success. You sound dumb.
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where do you get $370M?

For ACCN, it's $0.73 * 42 million = $31 million
For ESPN, it's $8.72 * 76 million = $664 million

then ESPN also gets 100s of millions in advertising, probably revenue close to a billion a year...

edit: make that nearly billion a month, the subscriber rates were per month...
 
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FightOn!Jacket said:
You just contradicted yourself with your 1st statement. I used online resources like USA Today and Football Scoop.com for my facts & figures. The same you did with a Tweet.
If the ACCN is such a resounding success, then why did it take 3 years for the ACC and largest cable carrier aka Comcast to reach an agreement?

The part you’re continually missing is how far behind the times the ACC was when getting this off the ground. The B1GN started in 2006, SECN 2012. Those 2 leagues substantially benefit from this. While Swafford did what again? Oh yeah. Tried to get something close to the SEC numbers from ESPN he was never going to get. Then launched the network in August 2018 minus the largest cable carrier in the country.

Fast forward to now, and those 2 leagues are both about to double the revenue of the ACC per school, and you’re over here thinking the current ACCN is some great deal long term? Just wait until there are no ACC Saturday night games on ABC, ESPN or ESPN2, and you’ll be the first one crying about how ESPN is just out to make the SEC & B1G look better, while not showing Miami, FSU, GT, UVA, Wake, Pitt, BC, etc games in prime time with half capacity.
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Well, I called this post.
 
cyptomcat said:
where do you get $370M?

For ACCN, it's $0.73 * 42 million = $31 million
For ESPN, it's $8.72 * 76 million = $664 million

then ESPN also gets 100s of millions in advertising, probably revenue close to a billion a year...
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Annualize those figures. That subscriber rate is on a per month basis.

ESPN makes Disney billions - with a B and an S.


But ya, Stingtalk has cracked the code that says ESPN is set to go bankrupt.
 
Well when the stock market tanks, ESPN will just be an afterthought.
 
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