This is why ESPN (and other networks) paid so much for live sports rights to defend their business model. As the writer said eloquently: "ESPN made a bet that

This is why ESPN (and other networks) paid so much for live sports rights to defend their business model. As the writer said eloquently: "ESPN made a bet that exclusive live sports rights would be the moat that protected its castle from all attackers. The problem is this, that moat flooded the castle instead."