ESPN Pay-TV Carriage Fell Another 10% In Fiscal 2021, To 76 Million U.S. Households
Disney provided the number as part of its annual report, filed with the SEC this afternoon. The company operates on a fiscal year, so its 2021 officially ended on October 2.
The figure also highlights one of the biggest conundrums in the media business. Disney and ESPN execs are keeping a close eye on the subscriber declines and have fortified ESPN+ with increasingly robust programming. The billions at stake from traditional distribution and ad revenue, however, mean a wholesale shift to
Other networks in the ESPN portfolio are seeing erosion. ESPNU, which features college sports, fell from 62 million homes in fiscal 2020 to 51 million this past year. ESPN News, also at 62 million a year ago, slipped to 59 million in fiscal 2021. Earlier this fall, ESPN said it would shut down ESPN Classic as of January 1, 2022. The network had been in a long period of decline, with its business model having been disrupted by the internet and social media.
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