Disney's Iger Says ESPN Is Still Very Profitable

The transcript discusses ESPN's current business health, challenges in growth, and the shift from traditional cable to digital platforms. It highlights ESPN's profitability, the value of live sports, and the decrease in traditional subscriptions. The emergence of new digital platforms like YouTube and Hulu is noted, along with ESPN's strategic steps to adapt. Despite challenges, ESPN remains optimistic about its future, emphasizing the importance of live sports and the potential of digital platforms.

What is one of the main reasons ESPN remains a profitable business?

• Its focus on digital content

• Its stable of live sports rights

• Its low subscription costs

• Its exclusive news coverage

Why are traditional cable subscriptions declining according to the transcript?

• Limited availability

• High costs and excess channels

• Poor customer service

• Lack of content variety

What is a key factor attracting younger audiences to digital platforms?

• Faster internet speeds

• Lower costs and better usability

• Celebrity endorsements

• Exclusive content

How does ESPN view the competition for live sports rights?

• As a reason to diversify content

• As a threat to their business

• As a sign of the value of their product

• As an opportunity to lower costs

What is ESPN's outlook on its transition to digital platforms?

• Indifferent to the changes

• Optimistic about future growth

• Pessimistic due to declining subscriptions

• Uncertain due to market volatility