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Home Front: Politix |
ESPN To Lose Up To $400 Million In Ad Revenue Due To Cancelled College Bowl Games |
2021-12-29 |
[Zero Hedge] - As one headline after another breaks that the new Omicron Covid variant looks more and more like the common cold, businesses still have very serious amounts of money at risk thanks to overbearing "Covid protocols" being forced down everyone's throat (and up their noses). The latest example is Disney's ESPN, which has as much as $400 million in college football playoff advertising at risk hanging in the balance of a series of Covid tests, which will ultimately determine which College Football Bowl Games will be played and which will be cancelled. The Hawaii, Military and Fenway bowls have all been cancelled already, Bloomberg reported this week, as a result of surging Covid cases. Playoff organizers are also taking steps to determine whether or not the national championship game can be played this year. 1) I believe most contracts stipulate that $ for ad revenue changes hands only if commercials are shown, but ESPN has already incurred major costs before the bowl games take place; sending out the camera crews & such. 2) Even though this is happening to a woke company, this illustrates a small part of the massive economic damage these lockdown type measures inflict on the economy as a whole. |
Posted by:Raj |
#5 Meanwhile, a Puerto Rico blogger chronicles the Covidian morons' creation of the Mother of All Goat Rodeos: "A simple 3 step plan to turn new years eve into the rodeo of 1000 goats and send hotels and hospitals alike into a tailspin. Step 1: Mandate covid tests on top of vaccine proof for all large gatherings and for flying into Puerto Rico Step 2: Panic everyone into wild over-testing Step 3: Completely run out of not only rapid tests but even the actual reagents for PCR such that you literally cannot get a covid test on PR for love or money This 3 step plan has literally inundated the emergency rooms with healthy people trying to get PCR tests so they can go to concerts, clubs, and big hotel parties for NYE. Pretty much every event over 100 people is demanding it. In flawless, on point irony, the ER’s are struggling to provide the actual emergency care for which they are intended because of this and we’re having, for the first time all covid, an actual crisis at the hospitals, not because of disease, but because people want to hit the el san juan hotel party or club 787. it’s going to be the perfect lose/lose scenario as these parties are going to get gutted because guests cannot enter, the ER’s are on tilt, and who knows how the incoming tourists or locals coming home are supposed to get a test within 48 hours of landing (per new rules). Apparently, trips and reservations are getting cancelled wholesale over it. Probably 1/3 of the restaurants in san juan are closed because staff got a positive covid test and the rest cannot get cleared with negatives as no tests are available. So the health minister responds by cutting restaurant capacity to 50%. so now it’s bedlam everywhere. |
Posted by: Merrick Ferret 2021-12-29 22:39 |
#4 My hearts pumping peanut butter for them. I've got as much interest in Bowl games as a year round Miami resident foes in snowboarding |
Posted by: Cheaderhead 2021-12-29 22:17 |
#3 ...Whatta shame. Popcorn? Mike |
Posted by: Mike Kozlowski 2021-12-29 19:49 |
#2 Hey, the parent corporation was pro-Bidet, pro COVID hysteria. They greased the skids for where they are right now. But it's Trump and you proles faults, ya know... |
Posted by: M. Murcek 2021-12-29 17:54 |
#1 That really is too bad. |
Posted by: Besoeker 2021-12-29 17:50 |