Reported ESPN layoffs signal deep disruption in top sports network

Disney-owned ESPN, which charges the highest per-subscriber fees for retransmission rights to pay-TV providers and linear OTT service Sling TV, may lay off 200 to 300 of its employees as it looks to slash $100 million from its budget next year. The network has reportedly struggled to maintain its margins as the number of pay-TV subscribers continue to drop off and the cost of sports programming spirals upward. FierceCable's Daniel Frankel has in-depth coverage on ESPN's troubles here.

Suggested Articles

A common trope maintains that the words “Apple” and “less expensive” don’t belong in the same sentence. But the company could benefit from putting a cheaper…

Dish Network has hired Kannan Alagappan, who previously served as chief technology officer and head of technology for Australian telco Telstra, as its new CTO.

HBO Max, the upcoming subscription streaming service from WarnerMedia, has filled out the rest of its executive team in charge of original programming.