I just heard this on a news Podcast and thought it worth passing on...
Total (Net) US cable & satellite (ie, ESPN) Gains/Losses in 2015
Q1 Net LOSS of 887,000 customers
Q2 Net LOSS of 566,000 customers
These two quarters revenues alone show the loss to ESPN of $8.7M per month, ESPN receives $6 per acct per month,...and the trend of cable cancellations is continuing.
This is why their (Disney, Time-Warner, etc) stocks are plummeting.
Total (Net) US cable & satellite (ie, ESPN) Gains/Losses in 2015
Q1 Net LOSS of 887,000 customers
Q2 Net LOSS of 566,000 customers
These two quarters revenues alone show the loss to ESPN of $8.7M per month, ESPN receives $6 per acct per month,...and the trend of cable cancellations is continuing.
This is why their (Disney, Time-Warner, etc) stocks are plummeting.
