November 23, 3018
According to Disney’s recently released annual report, sports network ESPN has lost 2 million domestic subscribers over the course of 2018.
Disney’s report revealed that the company’s sports network, ESPN, currently has 86 million subscribers. This is down two million from the 88 million subscribers to the sports commentary and news station in 2017.
ESPN wasn’t the only Disney-owned network to lose subscribers this year: The Disney Channel went from 92 million subscribers in 2017 to 89 million subscribers in 2018, while Freeform fell by two million subscribers to 90 million, and Disney Junior and Disney XD both lost approximately three million subscribers.
The network’s declining subscriber counts, based on estimates by Nielsen Media Research, indicate that the growing popularity of online streaming services and internet live streaming products such as YouTube Live and Hulu have resulted in a decline in traditional television network subscriptions. Disney is attempting to alleviate this issue with the launch of their own online streaming service, Disney Plus, expected to be launched in 2019.
This article was posted: Friday, November 23, 2018 at 7:31 am