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I'm never one to resist change, but jumping to Bezos buying Walt's land seems a bit premature. Cord cutting may represent a move away from traditional coax cabl
by Gorbzel 10y ago
I'm never one to resist change, but jumping to Bezos buying Walt's land seems a bit premature. Cord cutting may represent a move away from traditional coax cable packages...but actually delivering a non-trivial amount of revenue, subscribers, and staying power in an industry shouldn't be scoffed at.
ESPN is in a pickle, but they remain the Worldwide Leader. Sports as an entertainment business is changing (quite a bit at the other end, where new and old media companies wage increasingly expensive wars over content acquisition as the pro sports leagues recognize they have TV deal leverage), but the company has some technical chops and understands scale and being on-site for events in the old world and new that the Valley (and Seattle) shouldn't assume they'll immediately be able to crack.
tl;dr: Overpaying for Jim Nantz on Thursday night NFL "absolute poopfests" while running around shouting cord cutters overestimates tech's ability to take over traditional entertainment channels.