Difference between revisions of "ESPN"
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| − | '''ESPN''', which stands for '''Entertainment and Sports Programming Network ''', is a sports network owned by [[ | + | '''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== | ==References== | ||
Revision as of 03:30, November 27, 2015
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.
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.[1]