Good question. The value of buying #StarWars made much more sense as it's in #Disney's wheelhouse with movie production, licensing, toys, etc. And that purchase has paid off in spades. But #ESPN? I don't see the value. I think they should spin it off.
I never understood the value proposition of #Disney buying #ESPN in the first place. Can someone explain to me why this made sense in the first place? Where are the synergies? $DIS
There's also a really great documentary called "Broke" about how pro athletes throw away their fortunes. It was produced by the exceptional 30 for 30 #ESPN documentary series.
On that note, many athletes seem to have trouble with life after their playing career. What many people don't understand is that the large majority of professional athletes do not get paid enough during their playing careers to sustain them for the rest of their life. If you look at the NFL for example, the average salary is 1.9 million. But if you delve deeper into the facts it is noted that 70% of NFL players are between ages 22 to 27 and that group of players gets paid less then the average salary. By age 27, when the salary for a player starts to increase, a large majority of players are already out of the league. Once a player is no longer playing it seems as if a lot of them haven't prepared themselves for a life after professional sports.
Disney’s ESPN Continues To Struggle With Lost Subscribers
Good question. The value of buying #StarWars made much more sense as it's in #Disney's wheelhouse with movie production, licensing, toys, etc. And that purchase has paid off in spades. But #ESPN? I don't see the value. I think they should spin it off.
Disney’s ESPN Continues To Struggle With Lost Subscribers
I never understood the value proposition of #Disney buying #ESPN in the first place. Can someone explain to me why this made sense in the first place? Where are the synergies? $DIS
Disney, Weighed Down By ESPN, Should Consider Sale Or Spin-Off, RBC Says
Never understood the value proposition for #Disney acquiring #ESPN. A divestment or spinoff would be a good idea. $DIS
When Pro Players Fritter Away Millions
There's also a really great documentary called "Broke" about how pro athletes throw away their fortunes. It was produced by the exceptional 30 for 30 #ESPN documentary series.
On that note, many athletes seem to have trouble with life after their playing career. What many people don't understand is that the large majority of professional athletes do not get paid enough during their playing careers to sustain them for the rest of their life. If you look at the NFL for example, the average salary is 1.9 million. But if you delve deeper into the facts it is noted that 70% of NFL players are between ages 22 to 27 and that group of players gets paid less then the average salary. By age 27, when the salary for a player starts to increase, a large majority of players are already out of the league. Once a player is no longer playing it seems as if a lot of them haven't prepared themselves for a life after professional sports.