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ESPN will reportedly lay off over 100 employees including producers

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ESPN, ESPN Plus, ESPN to lay off 100 employees, Business news

London: ESPN will reportedly lay off over 100 employees, including producers, executives and digital and technology staffers, after the Thanksgiving holidays as it gears up to launch a new streaming service named “ESPN Plus” in early 2018, media reported.

 

 

“Many of those employees helped build the foundation of ESPN and had given their professional life to the company,” Sports Illustrated magazine reported late on Thursday.

 

 

The layoffs are said to be a result of parent company Disney’s missed revenues which is driven mostly by ESPN.

 

ESPN to lay off 100 workers including producers, executives and digital:

 

 

The company missed revenue and earnings estimates, causing shares to drop 4 per cent in after-hours trading on Thursday.

 

 

ESPN has laid off many employees in the past two years. It terminated the jobs of 300 employees in October 2015.

 

 

Meanwhile, the streaming service will be supported by advertisements, unlike its sister entertainment product that Disney plans to launch for movies and shows in 2019 to rival Netflix.

 

 

“From this limited information, it isn’t clear if the paid direct-to-consumer offering will be offered to anyone willing to pay, or only people who are already authenticated to watch ESPN via their existing cable subscription,” said a TechCrunch report.

 

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Apple is giving a huge discount on its gadgets: Details inside

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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