OT: HBO Officially Killed The Cable Bundle And ESPN Looks To Be The Biggest Victim

[UConnSwag11]

Now, the biggest beneficiary of the cable TV bundle, ESPN, which exploited it's "must have" content for decades to negotiate ever higher rates with cable TV providers while forcing those rates down the throats of consumers by insisting its content be included in all of the channel "bundles", finds itself in the unfamiliar territory of losing millions of subs per year amid surging contents costs. In fact, according to Outkick The Coverage, ESPN lost over 600,000 subscribers in October alone which is worth over $50mm in annual revenue.

HBO Officially Killed The Cable Bundle And ESPN Looks To Be The Biggest Victim | Zero Hedge

 

[Robertelamin]

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