Austin CEO: Why ESPN’s problems are just beginning and more layoffs are coming

ESPN’s massive round of layoffs last week were the result of many factors.
Between the changing habits of viewers, fewer cable subscribers, and the pricey contracts to air NFL and NBA games, the network, which is owned by Disney (NYSE: DIS), was forced to make some uncomfortable decisions.
Some experts, however, says it’s only the beginning of ESPN’s problems and more layoffs are on the way.
Martin Floreani, CEO of Austin-based FloSports Inc., is an expert in sports media and cable-cutting trends.…

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