The Worldwide Leader in Unnecessary Profit Taking

ESPN is a great corporation. It is ungodly profitable. It creates a mere 43% of Disney’s total operating income. Think about that. All of Disney, including Disneyland and everything else it owns. 43%. But you see, ESPN has recently acquired some lucrative properties, like more SEC football games. In order to show us more Vanderbilt-Kentucky football and build a crazy expensive new set, ESPN has decided to lay off 300-400 employees. This a mere 2 weeks after Disney’s stock reached an all-time high.