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ESPN Subscriber Loss Hurts Disney Income, Sports Giant Continues Rapid Decline

ESPN’s well-publicized hemorrhaging of subscribers peaked in recent months, greatly hindering the Bristol-based giant’s all-important ability to purchase sports rights.

Now, subscriber loss reached such a level that ESPN has become a financial drain on its parent-company Disney.

Other Disney TV properties have also taken hits, but ESPN’s subscription face-plant, highlighted by the earth-shattering loss of 621,000 subscribers in October, has Disney most concerned, considering that ESPN accounts for a huge portion Disney’s operating income. – READ MORE