ESPN Says “You’re Out” to 100 On-Air Reporters
It’s tough times at the sports powerhouse, ESPN. This week ESPN let go of about 100 on-air reporters to include Scott Burnside who has worked at the company for 17 years. The last time ESPN shocked us with their lay-offs was back in 2015 when about 300 people were let go.
Bluntly, ESPN needs to save money. Less people are subscribing to the network in recent years, choosing instead free-streaming channels. At the same time the network pays a pretty penny for star power, upwards of $1.5-$3 million for a celebrity athlete to hang out on set and talk about the game. Finally, networks have to pay a fee to broadcast sporting events. The big leagues (NBA, MLB, NFL) have been ballooning the fees in recent years, making networks figure out creative solutions to reduce costs to simply stay in business.