NYT – A Struggling ESPN Lays Off Many On-­Air Figures

The move comes as the Disney sports giant seeks to adapt to the rise of cord-cutting.

April 26, 2017

‘The “Worldwide Leader in Sports,” as ESPN brands itself, laid off scores of journalists and on-­air talent on Wednesday, showing that even the most formidable media kingdom was vulnerable to the transformation upending the sports broadcasting industry as more and more people turn away from cable television.

ESPN is by far the biggest and most powerful entity in the sports media industry, and it has felt the sting as viewers turn away from traditional ways of consuming live sports.’

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