How long can Disney keep a declining ESPN?
 

How long can Disney keep a declining ESPN?
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Disney owns so, so much: Theme parks, "Star Wars," Pixar, and a deep, wonderful catalogue of classic animated ******.*

With so much in the vault, it's easy to forget about ESPN. The cable sports network has, for years, been a crown jewel in Disney's vast empire. It generated a ton of cash, helping to push Disney to record profits.*

These days, though? ESPN's an anchor weighing down the rest of Disney.*

About two weeks after ESPN laid off about 100 staffers—including on-air personalities and reporters—Disney reported second quarter earnings that highlighted just how much of a drag the sports channel has become.* Read more...

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