ESPN to drop International X Games competitions, cut jobs

Thu Oct 3, 2013 11:39pm IST

Stocks

   
Rajalakshmi (C), 28, smiles after winning the Miss Wheelchair India beauty pageant in Mumbai November 26, 2014. REUTERS/Danish Siddiqui

Miss Wheelchair India

Seven women from across India participated in the country's second wheelchair beauty pageant, which aims to open doors for the wheelchair-bound in modelling, film and television, according to organisers  Slideshow 

REUTERS - ESPN said on Thursday it will end the international versions of its X Games extreme sports competitions because it could not make money on the events, which feature skateboarding and other sports.

The sports cable network owned by Walt Disney Co (DIS.N) will be cutting an unspecified number of jobs related to the International X Games, which took place in cities including Barcelona, Munich, Foz do IguaƧu, Brazil and Tignes, France. The International X Games had been broadcast on ESPN's flagship U.S. channel and its sister network, ESPN 2.

ESPN owns the X Games and had announced the international expansion in 2011. It had organized the events for one year and had two years left on its contract.

The U.S. X Games, which take place in Austin, Texas, in the summer and Aspen, Colorado, in winter, will continue. ESPN started the competition in the summer of 1995 in Rhode Island.

"We are proud to have run world-class competitions for both the athletes and spectators; however, the overall economics of these events do not provide a sustainable future path," an ESPN spokeswoman said in a statement.

"The company remains fully committed to the X Games brand and its full-scale competitions in Aspen, Colorado and Austin, Texas."

ESPN added it did not see a "sustainable path for economics of these events."

Regarding the related job cuts, ESPN said: "Changes of this nature require difficult decisions, including the elimination of some roles. Under the two-event model ESPN will require a smaller workforce to stage and support the events."

ESPN said a company-wide memo on the move was sent out on Thursday.

(Reporting by Liana B. Baker; editing by Matthew Lewis)

Showbiz

REUTERS SHOWCASE

Jamini Roy

Jamini Roy

Photo Gallery – Bengali household name Jamini Roy’s paintings  Full Article 

Forever21 In India

Forever21 In India

Forever21 sets sights on Indian cities, but please hold the hot pants  Full Article 

Nazi Art Collection

Nazi Art Collection

Swiss museum publishes list of Nazi loot art trove  Full Article 

A Minute With

A Minute With

'Sunny' Charlie Day on oddballs, 'Horrible Bosses'  Full Article 

Arab Singer Dies

Arab Singer Dies

Lebanese singer Sabah dies at 87  Full Article 

Book Talk

Book Talk

Pack of Thieves? Convict-era Australia stacks the deck  Full Article 

Ferguson Impact

Ferguson Impact

Garth Brooks cancels TV appearances amid Ferguson unrest  Full Article 

Canada Sex Case

Canada Sex Case

Canadian celebrity radio host charged with sexual assault  Full Article 

Broadway in Cuba

Broadway in Cuba

Broadway finds a new stage in an old venue: Cuba  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage