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.