The decline in traditional television is being felt across the industry, but the Disney-owned ESPN may be most vulnerable.
Earlier this year, ESPN laid off more than 100 employees, including notable talent such as Ed Werder, Trent Dilfer, John Clayton and Mark Schlereth.
Now Bristol-based ESPN is at it again as the network will fire even more employees before 2017 is over.
Bristol Mayor Ellen Zoppo-Sassu said “I think it’s unfortunate when any company has to lay off employees to the growth and budgetary issues. There are 100 people are going to have a different holiday season then they most likely anticipated. With 4200 employees at the Bristol campus, this type of thing is inevitable. I hope that due to their experience at ESPN, these employees are marketable and find new positions easily.”
Sporting News reports that 40 to 60 people will be fired this time around, including on-air television and radio talent in addition to production staffers.
Insiders say that this round is all about efficiency and cutting down on duplication. The media landscape is nothing like it used to be, and few places are feeling the effects as much as the Disney-owned sports giant.
The future of television consumption in general is not with cable, which we’ve established is the anchor revenue source for the sports industry as we know it today.
In the next ten years, it’s possible that there will be no cable TV bundle, and all content will be purchased à la carte and consumed through streaming services.