I wasn't arguing the merits of streaming vs. cable. I was saying ESPN and the RSNs should have seen this risk way before it became so untenable. This should be a case study in business school. Technology disrupts and tastes change, so don't build your business model on people who don't use your service/product paying you money every month.They are still making billions.on cable and satellite. But with streaming..they are just spending billions building the field of dreams..build it and they will come..or so they hope
Arguably, the same can be said for streaming companies. They count on a certain amount of revenue from people who don't actually watch anything on their service every month. The difference is it is a lot easier to cancel Disney+ or Netflix than it is to cancel cable or satellite, so they can't count on too many people doing that indefinitely like traditional cables channels have.