OT : Disney stock getting pummeled

[FalconHeavy]

from CNN Money column:

Media meltdown: And then there's the nightmarish week for media stocks. Walt Disney(DIS)plummeted nearly 9% on Wednesday due to deep concerns about ESPN. Disney confirmed ESPN -- its big moneymaker -- is experiencing "some subscriber losses."

http://money.cnn.com/2015/08/05/media/disney-stock-down-espn/

the tide is turning

 

[Froob]

 

[Kontradiction]

Probably due to a combination of people tiring of ESPN being the sports version of TMZ coupled with them also getting tired of ESPN's political agenda getting driven down their throats.

 

[borg]

Fire Mort...save a few hundred grand

 

[Wheelman]

Isn't ESPN part of the Basic package in the USA?

The best quote of the link right at the end

"ESPN is a must-have brand," he said.

 

[Ice_Ice_Brady]

Sweet...I just canceled my Insider subscription a few weeks ago.

 

[PatsGuy]

All of the media stocks including Fox Viacom and Comcast have taken a beating the last couple days. It has to do with fears of fewer subscribers and thus lower ad rates. Netflix is ruling the roost these days and everyone including HBO are going streaming.

 

[RobertWeathers]

Its still a great stock. Actually its a good buy in AOT

 

[Tony2046]

Their stock is Deflating..

 

[Froob]

Probably due to a combination of people tiring of ESPN being the sports version of TMZ coupled with them also getting tired of ESPN's political agenda getting driven down their throats.

TMZ is at least fairly credible.

 

[ForThoseAboutToRock]

Sweet...I just canceled my Insider subscription a few weeks ago.

Me too! Apologies to all for having it in the first place.

 

[FalconHeavy]

I cut the cord myself right after the Superbowl and I'm never going back but its sweet to see the BSPN is "losing subscribers".

 

[PatsFanSince74]

Sweet...I just canceled my Insider subscription a few weeks ago.

Nah, nah, nah, nah, nah: I never got one.

 

[Joker]

awww....Donna Duck is quackers because poor Mickey just found out Minnie is effin' Goofy...(yes it's OK to LYAO at this tasteless swipe taken at the Magic Mushroom Kingdom)

 

[TinhWoodhead]

they should've called it BSPN from the start

 

[eom]

There was a good story about this an the bundling bubble -- I might've started a thread, if it wasn't somebody else

 

[Tony2046]

There was a good story about this an the bundling bubble -- I might've started a thread, if it wasn't somebody else

That was a good thread. The article, I believe, referenced the changing cable scheme of going to "pay by channel" format and how expensive BSPN is. BSPN may be forced to reduce their price which will effect their ability to pay for their current contracts with the NFL etc..

 

[Joey007]

Sweet...I just canceled my Insider subscription a few weeks ago.

Why the hell would you even be subscribed to ESPN Insider in the first place? Its the biggest waste of money to begin with.

 

[Patriot Missile]

So concerned about those Monday night games they forgot they still had a job to do.

 

[Gwedd]

from CNN Money column:

Media meltdown: And then there's the nightmarish week for media stocks. Walt Disney(DIS)plummeted nearly 9% on Wednesday due to deep concerns about ESPN. Disney confirmed ESPN -- its big moneymaker -- is experiencing "some subscriber losses."

http://money.cnn.com/2015/08/05/media/disney-stock-down-espn/

the tide is turning