'Cord-Cutting' Hasn't Hit Sports Broadcasting Deals, Yet
Law360, New York (May 10, 2017, 10:19 PM EDT) -- The cable "cord-cutting" trend in the U.S. is already disrupting the traditional economic model for sports by leading to massive dropoffs in cable subscribers and has begun to hurt networks like ESPN, but whether it will stem the growing values of sports broadcasting rights deals is not yet clear.
Last month, ESPN announced it was laying off 100 of its on-air talent and writers, including some well-known and long-time reporters covering the NFL, MLB and NHL, as the network has hemorrhaged cable subscribers over the past half-decade.
The problem is indicative of how cord-cutting, the trend of people ditching traditional pay...
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