Wednesday, April 26, 2017

Massive Layoffs At MS-ESPN Reflect Sagging Ratings

The Bloodbath of Bristol has begun! Up to 100 employees of ESPN have been fired by "The (Not-So) Worldwide Leader".  The increasingly political "sports" network was hemorrhaging subscribers and ratings—so some kind of drastic action had to be taken. On the baseball side, it looks like Jayson Stark and Jim Bowden are the most notable departures. And, while it stinks for them, we're sure they will find safe landing spots elsewhere. Other than that, it sounds to us like a necessary market correction for a network that has become less and less relevant over the last few years.