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CU has rejoined the Big 12 and broken college football - talking out asses continues

ESPN + > Apple
We know we know we know we know we know

Kamala Harris Yes GIF by The Democrats
 
Google tells me that they both have roughly the same number of subscribers (25M) so help me understand why ESPN+ is so much better.
If equal, advantage Apple since they will promote the hell out of the P12.

But I think ESPN+ has the subscriber advantage because by definition every single one of its subscribers is a sports fan.
 
That’s fine. Just put the Tawny Kitaen nip-slip video in all of ASU’s ads…. That’s unequal sharing, and definitely “value-added.”

My work here is done.
America’s Stripper U would finally pull its conference weight. And their classes in pole dancing and glitter appliqué would be fire!
 
If equal, advantage Apple since they will promote the hell out of the P12.

But I think ESPN+ has the subscriber advantage because by definition every single one of its subscribers is a sports fan.
You will also see cross advertising on ABC and ESPN football broadcasts.
 
You will see that for the SEC and ACC. Not the others which are after thoughts.
True but we’re not going to have to pick between ESPN and Apple. I don’t see ESPN relegating themselves to the Atlantic coast, southeast and Texas for college sports.
 
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If equal, advantage Apple since they will promote the hell out of the P12.

But I think ESPN+ has the subscriber advantage because by definition every single one of its subscribers is a sports fan.
But how does Apple promote? I’m calling my shot. Apple and ESPN partner together in some way to make that happen.

Apple gets the P12N studio.
ESPN gets the high value content.
Pac-12 gets linear exposure.
Apple gets 50% of ad inventory on ESPN.

It turns into an Apple infomercial.
ESPN is on hard financial times.
Apple has been rumored to buy ESPN.
It kind of makes sense.
 
True but we’re not going to have to pick between ESPN and Apple. I don’t see ESPN relegating themselves to the Atlantic coast, southeast and Texas for college sports.
They already got shut out of the upper midwest. Had a near insurrection in the ACC and didnt exactly solve it. Rumor is that they attempted to bargain shop the P12 leftovers. To me the evidence is the opposite. Theyve closed their wallet as they circle the wagons and try to protect their position. ESPN is no longer growing.

Apple, on the other hand, has a lot of cash on hand (over $100b) and wants to diversify and grow its streaming business.
 
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But how does Apple promote? I’m calling my shot. Apple and ESPN partner together in some way to make that happen.

Apple gets the P12N studio.
ESPN gets the high value content.
Pac-12 gets linear exposure.
Apple gets 50% of ad inventory on ESPN.

It turns into an Apple infomercial.
ESPN is on hard financial times.
Apple has been rumored to buy ESPN.
It kind of makes sense.
ESPN isn't on hard financial times. They may want you to think that but it's far from the truth.

ESPN is, in and of itself, a profitable business. Disney's domestic linear networks generated more operating profits for the business than any other segment in fiscal year 2022, bringing in $8.5 billion. ESPN plays a substantial role in that segment, as it anchors the cable bundle and sells a lot of advertising.
 
I hate apple and do not own any of their devices and do not plan on doing so. I would hate having to give them any money. I would prefer Amazon over apple in a streaming deal, but that is just me
I get not supporting a company that you don’t care for, I guess. Not really sure why Apple would elicit such strong feelings. I have an iPhone but I don’t hate Android phones or the companies that make them. It’s just the phone I have.
 
I get not supporting a company that you don’t care for, I guess. Not really sure why Apple would elicit such strong feelings. I have an iPhone but I don’t hate Android phones or the companies that make them. It’s just the phone I have.
i won't communicate via text or email with anyone on an android device. it is a holy pact i have sworn to follow. jihad against the androids. apple is the one truth path to salvation.

the infidels and idolators who have placed their trust in the false prophet of android must be punished.

[dear hokie-- this is mere puffery and hyperbole, with some sarcasm thrown in. it would be best if you did not read it literally. ... like the bible, actually.]
 
i won't communicate via text or email with anyone on an android device. it is a holy pact i have sworn to follow. jihad against the androids. apple is the one truth path to salvation.

the infidels and idolators who have placed their trust in the false prophet of android must be punished.

[dear hokie-- this is mere puffery and hyperbole, with some sarcasm thrown in. it would be best if you did not read it literally. ... like the bible, actually.]
Dear liver, thanks. I'm aware that Apple snobs do look down on the rest of us. My new group at work is almost all Apple people, and they do their bespoke chats and airdrops and whatnot that I'm not allowed into.

What really gets me is how they complain about Android failing to implement the standard for RCS and it "not working" when an Android user is part of the conversation. Uh, no, my dudes. It's your ****ing device that's not following the standard.
 
ESPN isn't on hard financial times. They may want you to think that but it's far from the truth.

ESPN is, in and of itself, a profitable business. Disney's domestic linear networks generated more operating profits for the business than any other segment in fiscal year 2022, bringing in $8.5 billion. ESPN plays a substantial role in that segment, as it anchors the cable bundle and sells a lot of advertising.

Yeah but you left the parts out about the future becoming less rosy…

While the operating margin for linear networks remained stable in 2021 and 2022, hovering right around 30%, that metric has contracted over the past five years. In 2017, the operating margin for linear networks was nearly 34%. In that same time, sports rights commitments for the next year have climbed from about $6.6 billion to $10.8 billion (margin pressure).

As Amazon, Apple, Google, and others enter the bidding wars for sports rights, ESPN will face pressure to keep what's important and let some properties go. For example, it'll have to fend off Amazon when the NBA broadcasting rights come up for auction next year. The retailer is reportedly very interested in adding a set of games to its catalog, and the NBA is considering a streaming-only package.




They held those numbers partly for this…

even though the industry has bled tens of millions of subscribers over the last few years, Disney was still able to keep their cable revenues and profits flat over the last two years. They’ve accomplished this primarily through price increases, which masked the financial effects of subscriber losses. But this isn’t a sustainable strategy.

The cable industry had 100 million subscribers at its peak, but has only ~65 million today. In recent years, they’ve been losing about 5 million subs per annum.




Finally, the NBA is a core asset for ESPN and I suspect they are keeping their powder dry because its next rights deal is going to be extremely expensive.

When the NBA rights come up for renewal in 2025, the league is looking to double or triple the current $24 billion deal value that Disney’s ABC/ESPN and Warner’s TNT currently pay. These rights could be priced out of the cable ecosystem then.





Its estimated that ESPN is/was a giant part of Disneys previous earnings.

A companies stock price is a proxy on what investors think the companies future profits will be. Disney is well, well, well off its high of $196 per share.
 
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