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re: Sankey screwed the pooch with the ESPN deal.

Posted on 1/8/23 at 10:07 am to
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
54719 posts
Posted on 1/8/23 at 10:07 am to
quote:

Preach. People get counterfeit shite on Amazon, return it, and continue to use the platform. People just don’t care Enough


This is the correct observation!

Since the 1980's I can think of only 2 citizens waking up and forcing a change. Oddly they both involved women and both ended when prices were brought back down by lower pricing. Also of note, they were grass root revolts before modern media and they were largely ignored by the mainstream press.

Tampons
Breakfast cereal

Posted by STATEofMIND
Member since Oct 2012
4232 posts
Posted on 1/8/23 at 11:09 am to
ESPN is like an old rock band still playing concerts at the local casino.

Time to move on
Posted by Gideon Swashbuckler
Member since Sep 2019
5784 posts
Posted on 1/8/23 at 11:23 am to
ESPN's commentators are fricking terrible, but anyone who actually likes Joel Klatt and Gus Johnson needs a lobotomy. They are fricking awful. Especially Joel Klatt.
Posted by ouflak
Manchester, England
Member since Jul 2021
351 posts
Posted on 1/8/23 at 11:28 am to
quote:

Rumors of Disney dropping ESPN too. Probably not going to happen but they've admitted the possibility has come up due to the fact ESPN makes no money.


Is that a politically correct way of saying that they lose money out the arse?
Posted by Draino54
Member since Mar 2022
779 posts
Posted on 1/8/23 at 11:52 am to
Disney is bleeding money. I wouldn’t be surprised to see them spin off ESPN.
Posted by BourreTheDog
Member since May 2016
2345 posts
Posted on 1/8/23 at 11:53 am to
quote:

Yeah, unfettered capitalism - despite being lauded by many - is actually the root cause for most things that ail this country.


You seriously need to detox from all the IndoctrinationKoolAid you’ve been force fed by Socialists. Capitalism is what allowed ideas like broadcast channels such as ESPN to become a reality. It’s opened hundreds of market segments allowing the game of College Football to grow to what it is today, and is forcing Conferences to realign to constantly improve product quality.


ESPN’s continued decline has been the liberal media’s force feeding of Socialist Wokeness into sports television. Look at the drop off in on camera broadcast talent - That ain’t how capitalism works.
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
54719 posts
Posted on 1/8/23 at 12:33 pm to
quote:

You seriously need to detox from all the IndoctrinationKoolAid


You seriously need to look in the mirror. You are the pot calling the kettle black

quote:

Capitalism is what allowed ideas like broadcast channels such as ESPN to become a reality.


From Capitalism Wik

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private property, property rights recognition, voluntary exchange, and wage labor.

We have fewer competitive markets, as example ..

Cell Phone = Apple or Google
Auto = US Big 3 has been replaced by Global Big 3
Media = in 1980 we had 50,000 different sources, we are down to about 5
Oil = US Seven Sisters is now down to Global Seven Sisters
Agriculture = Independent farmers have been replaced by Cargill and ConAgra


Wage labor in the 1950's has declined to wage slavery.

I am old enough to remember after World War II (when the US was at peak prosperity) when a single wage earner made enough to have the following on just 1 paycheck and no secondary income.

1 wife
2.5 kids
2+ pets
3 BR / 2B + home
2 cars
1 golf club membership
2+ social club membership (Elks, KoC, R&G, type memberships)
2 week vacation with family
Health Care for all (through company)

Tell me with a straight face (and without blaming Republicans or Democrats) if this is the norm today. Costs have consistently outstripped wages since about the mid 1960's. This is not me drinking the "Us vs Them" Koolaid but actually being alive during this time and witnessing it.


quote:

ESPN’s continued decline has been the liberal media’s force feeding of Socialist Wokeness into sports television.


Buzzwords of the "us" vs "them" crowd who are so busy being sheep they have bought the cult lines parroted by click baiters being paid by modern media (Guess what, those companies are owned by just a handful of people who are BOTH Republicans and Democrats). To be fair, folks on the other side are being fed their pablum to call you names and are equal in their sheep mentality.
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
54719 posts
Posted on 1/8/23 at 12:48 pm to
quote:

It’s opened hundreds of market segments allowing the game of College Football to grow to what it is today, and is forcing Conferences to realign to constantly improve product quality.


Do you seriously believe this is what is happening?

Here is some an insight from a person who has lived though this before.

100 years ago horses dominated sports. The most valuable team was not in the NFL or MLB, it was the racing stables of Calumet Farm. 100 years ago the sport drawing 100K+ spectators was polo. We had a 2 dollar bill in US currency specifically in circulation due to the 2 dollar bet at US tracks. Slowly the sport has pushed out the average fan in favor of the money. The various equine sports have been in decline for a generation

100 years ago boxing was probably the most popular sport and matches held the public and media attention. Every Catholic school (no matter how poor) had a basketball team and a boxing team, even if they had no football or baseball team. Instead of football, the weekend sport Dad and I shared was boxing when he could get tickets (which was most often as they were not expensive). Nowadays try to find boxing every week in your town even if it is a big city. My 50 cent ticket as a kid now starts around 10K and I have to fly to Vegas to watch it live.

College football "realignment" is not about improving the quality, it is about culling the herd till you get to about 24 to 48 D1 CFB teams and you have the NFL at college level. But you just keep drinking that "us" vs "them" KoolAid till one day your team no longer exists or you can not afford to see it live for the few that survive with your kids (if you can afford them).
Posted by FayetteNAM
Boston Mountains
Member since Jun 2013
7215 posts
Posted on 1/8/23 at 12:49 pm to
Honestly the cameras are the best for CBS, but their announcing crew sucks.
Posted by midnight orange
Member since Oct 2020
303 posts
Posted on 1/8/23 at 1:26 pm to
quote:

You are seeing what you want, not what actually is. My family has served honorably in every American conflict from the French & Indian War to the current conflicts in the Middle East. I have been educated by those who fought and returned to make a better America. Because of this fight to not return to the European modeled monarchies they fled from in the first place.


Nowhere in this screed did you refute or accurately address any argument that I made. Please point out where I praised or lauded the altruism of any of the people you mentioned. Also you can point out the absence of fraud, death or personal injury from the corporate sector since the enactment of the Sherman Anti Trust act. The only topic you addressed was that the period from 1870-1900 was saying that it wasn’t really all that (factually and categorically incorrect) because Carnegie was a scumbag. Next you can show me some examples of a natural monopoly absence government involvement.
This post was edited on 1/8/23 at 1:29 pm
Posted by That LSU Guy
The beach
Member since Jul 2008
11418 posts
Posted on 1/8/23 at 1:28 pm to
quote:

ESPN has many more channels to show their games on meaning we wont miss many

I'm not a fan of ESPN in general, however this is the only thing that matters.
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
54719 posts
Posted on 1/8/23 at 2:54 pm to
quote:

Next you can show me some examples of a natural monopoly absence government involvement.


Cell phone operators

You have Apple or Google, that is a virtual monopoly. Do you not really see this?

Oil is all over the world yet control is a oiigpoily

Diamonds are cheap and plentiful yet the DeBeers family has a virtual monopoly. Even tho defending this monopoly in Africa cost England their spot at the top of the world leaders list

My favorite natural monopoly is rocks (rock companies) as distance (transportation cost) creates natural monopolies due to barriers to entry (start up and operational costs) and barriers to competition due to transportation costs. A rock company in Knoxville can not compete with a rock company in Memphis due to the cost of transportation over distance. The ones academics use would probably be utilities but since the 80's, utility companies are no longer local / regional and are becoming global (so monopolistic pricing with less regulation).

As for the "capitalist period" of the late 1800's and early 1900's, Federal + State + local governments had to intervene. We still had "company towns" and "company stores" prior to WW II. In modern times credit cards have replaced the US government and made massive profits on what the US did for free.

When I was younger and paid 1 dollar (cash) I got 1 dollars worth of goods

Now when I swipe my card I am getting 97 cents to 95 of goods and the rest is going to Visa or MasterCard (unregulated monopoly) as That is what they are dinging the retailer for. On top of that they are making record profits on what they charge the consumer.

Another "hidden" natural monopoly are extended warranties. Companies are selling insurance without a license and with no relation to actual risk and no regulation. If Best Buy prices an extended warranty at 1 failure in 3 but the actual claim rate is 1 in 100, where is the competition? Also. Allstate has to report to your Department of Insurance and is highly regulated. Best Buy does not have a similar restriction.

Do you really not see / understand this?
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
54719 posts
Posted on 1/8/23 at 3:02 pm to
quote:

Disney is bleeding money.


Good for them, hope they bleed some more. They have been bleeding the brand and the consumer since Eisner took the reigns.
Posted by bamalee
Member since Jan 2009
1002 posts
Posted on 1/8/23 at 4:24 pm to
ESPN and ABC are way ahead of NBC,CBS,and Fox. Do people remember when Fox had the BCS title game, it was terrible. They still are. Plus, CBS and NBC are going get the 2nd and third best big ten game every week. The big ten and Fox destoryed the Pac conference because it was the only way to compete with the SEC. Yes, the big ten will make more money then the SEC on the tv deal. Guess what they always have and will for twenty years from now. THey have huge population centers compared to the SEC. Massive population states too. Plus, CBS had it chance to sign us but blew it and paid to much for the big ten. THey know it and everyone knows it.
Posted by j1897
Member since Nov 2011
3568 posts
Posted on 1/8/23 at 4:54 pm to
jump in a fire
Posted by midnight orange
Member since Oct 2020
303 posts
Posted on 1/8/23 at 5:12 pm to
quote:

Cell phone operators You have Apple or Google, that is a virtual monopoly. Do you not really see this?


Certainly the market leaders in the US but not all over the world.

Here are our Top 10 phone manufacturers dominating the market
Nokia. ...
OnePlus. ...
Huawei. ...
Motorola. ...
Sony. ...
Google. ...
Samsung. ...
Apple.


Smartphone alternatives to Google and Apple
Librem 5 PureOS. This is a Linux Gnome 3 Debian “PureOS” based smartphone currently in development. ...
/e/Solutions. ...
Lineage OS. ...
PostmarketOS. ...
Plasma-Mobile. ...
Ubuntu Touch. ...
Sailfish OS. ...
F-Droid App Store.

quote:

Oil is all over the world yet control is a oiigpoily


So out of the goodness of their hearts they lowered the price of oil to $40 a barrel in 2020 and they could raise it to $1000 if they wanted to.

quote:

My favorite natural monopoly is rocks (rock companies) as distance (transportation cost) creates natural monopolies due to barriers to entry (start up and operational costs) and barriers to competition due to transportation costs. A rock company in Knoxville can not compete with a rock company in Memphis due to the cost of transportation over distance. The ones academics use would probably be utilities but since the 80's, utility companies are no longer local / regional and are becoming global (so monopolistic pricing with less regulation).


A natural monopoly would be one that exists without govt collusion, not like the makers of insulin which is a govt protected racket. You can’t name one because they don’t exist. The closest natural monopoly was Alcoa in the 40’s but even then prices were dropping and production increasing which is not a characteristic of a monopoly like say healthcare and education that have high govt involvement and are characterized by increasing costs and decreasing quality.

quote:

As for the "capitalist period" of the late 1800's and early 1900's, Federal + State + local governments had to intervene. We still had "company towns" and "company stores" prior to WW II. In modern times credit cards have replaced the US government and made massive profits on what the US did for free.

You say they had to intervene so why did they intervene in some industries and not all industries?

quote:

Another "hidden" natural monopoly are extended warranties. Companies are selling insurance without a license and with no relation to actual risk and no regulation. If Best Buy prices an extended warranty at 1 failure in 3 but the actual claim rate is 1 in 100, where is the competition? Also. Allstate has to report to your Department of Insurance and is highly regulated. Best Buy does not have a similar restriction.

There are a million extended warranty companies. No one has a monopoly in this industry. This is categorically false.

I would suggest picking up “Basic Economics” by Thomas Sowell. He’s an awesome author.
This post was edited on 1/8/23 at 5:29 pm
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