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HOO86

Joined: 12/12/2002 Posts: 21847
Likes: 2038


Reminds me of "Will Amazon ever be profitable?"


Amazon went almost 20 years never making any money until now where they are positioned to dominate retail. They have Walmart scared. Sears, JC Penny, K Mart are on the run. Mall Stores are in trouble. The industry is rapidly becoming online. Amazon is now making huge profits.

We're going through the transition to digital in television. I have confidence that Disney/ESPN will move to the new technology just fine. ESPN owns content people want to pay to see. They are not like the NY Times or newspapers like the author suggests. The NY Times doesn't own the news content. They have a ton of online competition for delivery of the news. You have to watch ESPN to see the content they own with media rights.

As we migrate to Streaming, ESPN will be there. They are the best horse to ride. Others may fall by the wayside, but it won't be ESPN that will look like Blockbuster, Tower Records, or Borders Books. It will be others. Amazon paved the way, along with eBay and others. Digital is not bleeding edge anymore.

(In response to this post by PadrosWindup)

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Posted: 08/11/2017 at 7:17PM



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Current Thread:
 
  
Pessimistic view on ESPN's future profitability -- PadrosWindup 08/11/2017 4:05PM
  Not what FOX is saying... -- Wolfman 08/17/2017 2:31PM
  I doubt Fox sports gets $7.81/cable subscription -- PadrosWindup 08/17/2017 4:33PM
  Only 2 Billion. Peasant change!!!! Throw it back! -- Late 80s Hokie 08/15/2017 11:41AM
  Re: Reminds me of -- SaratogaHokie 08/14/2017 4:52PM
  ESPN does not own the content -- CLTHK01 08/12/2017 9:56PM
  Intersting that you mention Amazon in all this ** -- Calamitous 08/12/2017 09:49AM
  That's not all the revenue -- mrcaniac 08/14/2017 11:20PM
  I watch or listen to no ESPN "shows" -- TerryD 08/14/2017 07:39AM
  Agreed: just show me the damn game. ** -- lawhokie 08/15/2017 1:21PM
  Yep. I don't even watch sportscenter ** -- reestuart 08/14/2017 08:35AM
  Same here ** -- daveinop 08/14/2017 08:17AM
  Acquiring BAMtech helps Disney/ESPN -- PadrosWindup 08/12/2017 3:51PM

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