Reason for Reading: Disney’s Cash Cow?

 

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I came across this article that spoke about ESPN having some trouble these days.

 

Trouble Ahead for Disney’s Cash Cow? (full article)

 

“ESPN has been a cash cow for Disney . But the rising cost of sports programming is taking its toll. This week, ESPN announced it’s laying off 300-400 employees. What do the cuts mean for Disney?”

 

So, what’s a cash cow? It is a business or a part of a business that always makes a lot of profit. In this case, the article explains that rising costs are making ESPN suffer & consequently they have to let some people go.

 

ESPN

My grandpa used to say :” if you milk the cash cow too much, it runs dry!” It’s an old proverb that warns people not to take advantage of a good thing.

 

Do you have a similar expression in your native language?

 

If you do, post it!

 

Lem..xo!

 

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One thought on “Reason for Reading: Disney’s Cash Cow?

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