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http://www.thewrap.com/disney-q1-revenue-weighed-espn-struggles/
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Tuesday, February 07, 2017
Disney Q1 Revenue Weighed Down By ESPN Struggles - TheWrap - ESPN hemorrhaged subscribers during the course of 2016 and is now at less than 88 million, compared with a peak of 100.1 million in 2011. At an estimated $7 per subscriber, that dip has been a substantial hit to Disney, especially considering media networks made up 49 percent of Disney’s profits during fiscal 2016.
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