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ESPN Sees Q4 Gains In Affiliate Revenue, Ads, Subscriptions

Disney as part its Q4 earnings report on Thursday afternoon reported that ESPN’s affiliate revenue "rose 8% and advertising about 9%, excluding the impact of a 53rd week on the company’s fiscal calendar and the absence of the men’s World Cup that aired last year.” Overall, ESPN subscriptions "rose because this year, unlike last, included a full quarter" of the SEC Network. However, ESPN said the company experienced "a decline in subscribers at certain other of our networks" (WALL STREET JOURNAL, 11/6).

Disney Chair & CEO Bob Iger said he feels "bullish about ESPN and ESPN's business." He added, "Not only is the brand strong ... live television and live sports in particular is incredibly strong in this environment. Demand for it has never been greater" (INVESTORS.com, 11/5).

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