Description: ESPN, which laid off 100 people this week, has a multitude of problems, but the basic one is this: It pays too much for content and costs too much for consumers.
Source: Bloomberg.com
Date: April 28, 2017
Link: https://www.bloomberg.com/view/articles/2017-04-28/espn-can-t-afford-to-go-on-like-this
Questions for discussion:
- Why is ESPN in trouble?
- What should management do to fix the financial problems?
- What should investors do with this stock?
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