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Bill Simmons Says ESPN Blew It By Not Embracing Tech (cnbc.com)

An anonymous reader shares an article: ESPN's problem isn't competition over content: They didn't position themselves for a future where cord cutting was a reality, according to former ESPN personality Bill Simmons. "They didn't see a lot of this coming," said Simmons. "They didn't see cord cutting coming. They weren't ready for it. A lot of decisions were made based on subs staying at a certain level. They had to realize they were a technology company. The ones winning are now Facebook, Twitter, Amazon, Hulu. ESPN should have been in that mix, but they're in Bristol. They should have had a place in Silicon Valley. That was their biggest mistake." ESPN is far from over, Simmons points out. Though it may make less money in the future, it has such strong cable deals, he said. "Everybody in here was paying $7 for ESPN whether they watched or not," he said. Simmons left ESPN in May 2015 after a public breakup, and signed a deal for an HBO series called "Any Given Wednesday" shortly after. The HBO show was cancelled in November 2016. Simmons also launched a new website called The Ringer in 2016. Also read Bloomberg's profile of executives at the company: ESPN Has Seen the Future of TV and They're Not Really Into It.

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  1. The key quote in the summary... by gweilo8888 · · Score: 5, Insightful

    is this one: "Everybody in here was paying $7 for ESPN whether they watched or not."

    And that's precisely why I will never, ever watch ESPN, nor any sport it signs a deal with -- even if they subsequently leave ESPN. I've lived in the USA for a bit over 18 years now, and paid for cable or satellite TV for all of that time. Let's assume that $7 figure applies for the whole of that time, and does so in 2017 dollars (so in then-dollars it was some much lower sum). I think that's a pretty safe assumption, and it says I've personally paid US$6,700+ into the pockets of ESPN and its affiliated sports, yet I've watched maybe between five and ten minutes of ESPN in the last couple of decades. At around US$900/minute, that's hands-down the most expensive entertainment of my life.

    And it's also why I will never renew my cable or satellite TV subscription until a la carte is a thing. Nor will I sign up for any online service which doesn't either offer a la carte options, or which focuses solely on programming *I* am interested in. The likes of YouTube TV et al. which simply carry over these awful deals into the internet age hold no interest for me.