ESPN Mulls Layoffs as Media Landscape Changes

By Published on September 23, 2015

ESPN could be considering a series of layoffs as the Walt Disney-controlled sports-media juggernaut anticipates operating in a fast-changing media landscape.

Citing multiple sources, The Big Lead, a sports-news site, reported Monday the company could be preparing to lay off as many as “200 to 300″ staffers. ESPN, long a dominant force in television owing to its live-sports broadcasts, is facing many of the same challenges as properties owned by Viacom, Time Warner, 21st Century Fox, CBS and Comcast. The rights for its programming are costly, and growing more so. Meantime,  TV audiences are migrating to new venues like mobile tablets and streaming video to gain access to their favorite programs.

“ESPN has historically embraced evolving technology to smartly navigate our business,” the company said in a statement. ” Any organizational changes will be announced directly to our employees if and when appropriate.”

Read the article “ESPN Mulls Layoffs as Media Landscape Changes” on variety.com.

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