ESPN Still Bleeding Subs As 1.2mm People Ditch Service In Past 2 Months Alone
Last month we noted that ESPN lost 621,000 subscribers in the month of the October (see "ESPN Loses A Record 621,000 Subscribers In One Month"). Unfortunately, the sports media powerhouse can't seem to make the bleeding stop as evidenced by another 555,000 subscriber losses this month as reported by Nielsen. For those keeping track, that's roughly 1.2mm in sub losses in just two months, which, at $7 of revenue per sub, represents about $100mm of lost annual revenue for ESPN's parent company, Disney.