So Cramer skewered Disne CEO mainly about ESPN and its dropping viewership

[The Spin Meister]

Disney down 10% mainly on ESPN numbers. Iger said its all good even has the discussion delved into the end of the bundle. So the question is if you had the choice to pick any channel, would you drop ESPN? What would you be willing to pay/month to keep it? $15? $25? $35?

The older I get the less sports I watch. Rarely watch ESPN except when they have a Penn State sporting event. Never watch any of their talk/analysis shows, not even their pregame stuff. If I had the option to livestream PSU stuff or somehow else view them, I would probably drop ESpiN

 

[Locolion]

[QUOTE="The Spin Meister, post:

I think most of us die hard Penn Staters would like to put a parking lot over Bristol, CT. I have no use for those self-serving, news inventors. They can burrow in their SEC and OSU ratholes permanently. I only watch that channel for Penn State too.

 

[NittPicker]

As a whole ESPN doesn't interest me enough to pay for it as a stand alone channel unless it was only a couple bucks a month. I certainly wouldn't pay $35, $25 or even $15 per month. If I wanted to see a PSU game on ESPN I'd hit up a friend or visit my favorite bar.

 

[NapaNit]

As a whole ESPN doesn't interest me enough to pay for it as a stand alone channel unless it was only a couple bucks a month. I certainly wouldn't pay $35, $25 or even $15 per month. If I wanted to see a PSU game on ESPN I'd hit up a friend or visit my favorite bar.

We're presuming you're providing full disclosure to your friend, yes?

 

[BowieLion]

Never watch any of their talk/analysis shows, not even their pregame stuff.

This! Only live PSU sports. So would have to think long and hard about keeping it.

 

[NittPicker]

We're presuming you're providing full disclosure to your friend, yes?

Sure but I'd also furnish all food and drink. That way they wouldn't feel used.

 

[dawgduice]

Sports is why the cable companies bundle. They are paying so much for the rights they need to spread the cost across everyones bills. I wonder what would happen if there ever was a "ala carte" system ? I'm thinking the new model for sports would be a "pay per view".

 

[broey]

The problem with Espin is it's basically a talk show format now. Women watch talk shows. Men watch highlights, nostalgic 30 for 30s, and games. And oh by the way, women don't watch talk shows about sports.

 

[wbcincy]

I would pay $6/month for ESPN as we basically do now through our cable. There's enough live sports and highlights that I would really miss without it.

That said, great time to buy Disney stock. It's been climbing like crazy the past 4 years, but this is a nice pullback spot to jump in IMO. ESPN is still a cash cow even if its numbers are slipping, the theme parks are still cash machines, and they've got franchises on deck for the coming years ($1B+ Star Wars movies getting released annually for the foreseeable future, the unstoppable force that is Marvel and Avengers, reboot of Indiana Jones w/ Chris Pratt, etc). At $110, I think there's $30-40 upside w/i a year depending on the overall market (note that I'm just a personal trader, dont rely on anything I say, I'm probably wrong).

 

[BBrown]

Disney down 10% mainly on ESPN numbers. Iger said its all good even has the discussion delved into the end of the bundle. So the question is if you had the choice to pick any channel, would you drop ESPN? What would you be willing to pay/month to keep it? $15? $25? $35?

The older I get the less sports I watch. Rarely watch ESPN except when they have a Penn State sporting event. Never watch any of their talk/analysis shows, not even their pregame stuff. If I had the option to livestream PSU stuff or somehow else view them, I would probably drop ESpiN

If It were available to do this way I'd just pick it up in the fall and drop it after football season ends.
As it stands right now I only watch our games and maybe a Steelers game if they are on.

 

[Ten Thousan Marbles]

Disney down 10% mainly on ESPN numbers. Iger said its all good even has the discussion delved into the end of the bundle. So the question is if you had the choice to pick any channel, would you drop ESPN? What would you be willing to pay/month to keep it? $15? $25? $35?

The older I get the less sports I watch. Rarely watch ESPN except when they have a Penn State sporting event. Never watch any of their talk/analysis shows, not even their pregame stuff. If I had the option to livestream PSU stuff or somehow else view them, I would probably drop ESpiN

Cramer?

Buy !!!

 

[LionDeNittany]

The problem with Espin is it's basically a talk show format now. Women watch talk shows. Men watch highlights, nostalgic 30 for 30s, and games. And oh by the way, women don't watch talk shows about sports.

The number of threads on this board about Brady and the deflated footballs proves your wrong.

Men love drama as much as women.

 

[PSU.:.]

I used to love ESPN. In early 2000s that's pretty much all I watched. Over next 5 years it began to change pretty dramatically and now all I can say is ESPN is responsible for taking my love of sports away. I watch my PSU, Eagles and Flyers games and that is it. ESPN pretty much has ruined sports.

 

[tboyer]

I think Cramer might be right.

The danger to ESPN is not immediate but in the long run, cord-cutting and the move toward a la carte TV is a threat.

How many of you have a business where two thirds of your customers are not actually using our product but are paying for it because they are basically forced to by a bundle.

In the long run, that's unsustainable, and I think Robert Iger has been pretty candid in acknowledging that.

ESPN is going to survive but in the long run it is going to look very different. It's a paradigm shift. It's a little like what happened to newspapers....

 

[PSU_Chicago]

I rarely watch ESPN and certainly only when there is a live event that I want to see. Never watch sports center, etc.

 

[tboyer]

I never watch ESPN either. I watch games, I appreciate good play by play and analysis, but I have no interest in pregame or postgame panel discussions which seems to be a lot of what ESPN is.

And needless to say ESPN's game coverage is usually horrible -- it's not the broadcasters, who are usually competent. It's just that ESPN does so much promotion -- they talk over a game constantly pitching other ESPN programming -- even while plays are going on. I would prefer watching PSU games on any other venue first because a game on ESPN is always more about ESPN than it is about the game itself.

 

[baircub1!]

Traditional legacy cable models are dying...Netflex and others creating havoc...

 

[zwick99]

Disney down 10% mainly on ESPN numbers. Iger said its all good even has the discussion delved into the end of the bundle. So the question is if you had the choice to pick any channel, would you drop ESPN? What would you be willing to pay/month to keep it? $15? $25? $35?

The older I get the less sports I watch. Rarely watch ESPN except when they have a Penn State sporting event. Never watch any of their talk/analysis shows, not even their pregame stuff. If I had the option to livestream PSU stuff or somehow else view them, I would probably drop ESpiN

As usual Cramer is late to the party. Disney stock had a big drop yesterday. Cramer did not say anything until AFTER the drop.

 

[zwick99]

I think Cramer might be right.

The danger to ESPN is not immediate but in the long run, cord-cutting and the move toward a la carte TV is a threat.

How many of you have a business where two thirds of your customers are not actually using our product but are paying for it because they are basically forced to by a bundle.

In the long run, that's unsustainable, and I think Robert Iger has been pretty candid in acknowledging that.

ESPN is going to survive but in the long run it is going to look very different. It's a paradigm shift. It's a little like what happened to newspapers....

Right about what? Disney stock is UP 500% the last 6 years. Yesterday their stock had a pull back. If Cramer had a clue he would have issued a statement BEFORE the pullback not afterwards.

 

[The Spin Meister]

As usual Cramer is late to the party. Disney stock had a big drop yesterday. Cramer did not say anything until AFTER the drop.

-----

Uummm, the interview was yesterday morning before stocks opened.

 

[zwick99]

-----

Uummm, the interview was yesterday morning before stocks opened.

Ummm. Not really. They were way down AFTER hours from the day before. The market closes at 4pm but the stock can go up or down BEFORE it opens the next day which makes Cramer's info after the fact.

Disney closed at 122 on Tuesday. Disney was down to 110 on Wednesday before the market even opened.


Cramer is a fraud. He is the same clown that thought Lenny Dykstra was a financial genius. You need to stop listening to that fool.