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ESPN (view source)

Revision as of 03:30, November 27, 2015

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'''ESPN''', which stands for '''Entertainment and Sports Programming Network ''', is a sports network owned by [[ABC]] News. The network began in 1979 and covers sports news and programming 24 hours a day, although sometimes the network covers other events such as spelling bees and [[chess]].
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'''ESPN''', which stands for '''Entertainment and Sports Programming Network''', is a sports network owned by [[Disney]]. The network began in 1979 and covers sports news and programming 24 hours a day, although sometimes the network covers other events such as spelling bees and [[chess]].
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ESPN has spent many billions of dollars in exclusive sports broadcasting rights, such as spending $1.9 billion a year to broadcast [[NFL]] Monday Night Football.  ESPN's revenue is based on subscriber fees (about $6.61 per month) plus advertising.  But in the past two years, 7 million subscribers (nearly 10% of its overall subscription level, which as of 2015 is about 92 million homes) have cancelled their subscriptions.<ref>http://www.marketwatch.com/story/disney-is-losing-espn-subscribers-by-the-millions-2015-11-26</ref>
    
==References==
 
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