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Speaker 1: required see site for complete details. The problems at ESPN continue.
Speaker 1: Last April, they let go one hundred people. That was
Speaker 1: after they laid off five percent of the workforce in
Speaker 1: two thousand fifteen. But the blood letting wasn't over. ESPN
Speaker 1: is now terminating another one hundred people, according to The
Speaker 1: Hollywood Reporter. The esp and lay also hit employees in
Speaker 1: a number of divisions and includes some on air talent
Speaker 1: and executives. The downtrend includes their subscriber base too. In September,
Speaker 1: at the beginning of football season, ESPN reportedly lost nearly
Speaker 1: seven thousand subscribers a day. Over the course of a month,
Speaker 1: they lost over two hundred thousand households. They've lost over
Speaker 1: twelve million subscribers in just the last five years. They
Speaker 1: now have the lowest number in a decade. Now. ESPNS
Speaker 1: management hasn't figured out why this is happening. They say
Speaker 1: it's cord cutting, but they don't explain why cords are
Speaker 1: being cut now. It can't possibly be the amount of
Speaker 1: time ESPN spent delving into politics from a left wing perspective,
Speaker 1: could it. Or it couldn't be the anti Trump rants
Speaker 1: from some of their sports commentators, or the short shrift
Speaker 1: given to actually covering sports. Now, there's no way that
Speaker 1: could upset subscribers are tune in for news about sports.
Speaker 1: I guess the problems that ESPN will just remain a great,
Speaker 1: big mystery and unsolved mystery forever. Kind of like Wyse,
Speaker 1: CNN can't figure out why nobody watches them. Thank you Russians.
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Speaker 1: You're listening to the E I B Network.