ESPN to lay off 150 people

[Apis Bull]

ESPN President John Skipper announced Wednesday morning the network will be terminating approximately 150 employees, bringing the total number of employees the network has let go in 2017 to about 250.

Of the latest round of layoffs, Skipper stated, "We appreciate their contributions, and will assist them as much as possible in this difficult moment with severance, a 2017 bonus, the continuation of health benefits and outplacement services."

http://www.foxnews.com/entertainment/2017/11/29/espn-to-lay-off-150-people-latest-round-cuts-at-sports-broadcasting-network.html

[Roaming Bull]

14 minutes ago, Apis Bull said:

ESPN President John Skipper announced Wednesday morning the network will be terminating approximately 150 employees, bringing the total number of employees the network has let go in 2017 to about 250.

Of the latest round of layoffs, Skipper stated, "We appreciate their contributions, and will assist them as much as possible in this difficult moment with severance, a 2017 bonus, the continuation of health benefits and outplacement services."

http://www.foxnews.com/entertainment/2017/11/29/espn-to-lay-off-150-people-latest-round-cuts-at-sports-broadcasting-network.html

But at least they still have the ACC and sec networks, right?

🙄

[Apis Bull]

Holy crap!!  I know it won't happen, but what if ESPN had to file bankruptcy?  How does that effect contracts?

[pioneerb]

28 minutes ago, Roaming Bull said:

But at least they still have the ACC and sec networks, right?

🙄

[bullsbucsfan426]

ESPN looks to be in quite a bit of trouble. If we're getting the 8-10M a year contract we want, it won't be from them. They way overpaid for too many rights. 

That said declaring bankruptcy isn't likely unless they're faced with no other choice. Disney has other profitable areas that can help carry them until they can crack down on the overpayments. 

[NewEnglandBull]

44 minutes ago, Apis Bull said:

Holy crap!!  I know it won't happen, but what if ESPN had to file bankruptcy?  How does that effect contracts?

What happens to the P5 without the $? Do they become us again?

[El_Toro_86]

Here's hoping ESPN implodes and goes bankrupt.

[Rocky Style]

I feel bad for the employees, but ESPN can go away for all I care.  I'm still mad about the Big East manipulation.

[pioneerb]

I want to watch games on espn not talk shows.

[George_Bullnard_Shaw]

Just now, pioneerb said:

I want to watch games on espn not talk shows.

I want to watch Music videos on MTV.