ESPN Thrown Under the Bus for $1B Loss as Stephen A. Smith to Adopt Pat McAfee’s Playbook ESPN faces criticism for missing billion-dollar visual podcast boom, while Smith invests $2M in a studio, mirr

ESPN’s podcast game in 2025 is nothing like the scrappy, audio-first side project it used to be. Now it is cameras, lights, high-gloss sets, and YouTube channels pulling millions of views. The network is betting big on recruiting heavy hitters like Shams Charania to host his own show. The understanding is that podcasting isn’t just talking into a mic; it is a full-on performance. Burke Magnus , ESPN’s content chief, says it’s a “ specific talent,” and they are finally treating it that way. Add in the upcoming direct-to-consumer streaming launch, plus possible NFL Network and RedZone deals, and it is clear ESPN is going all-in on a digital-first, multi-platform future. But, while building for the future, it is also facing criticism for past missteps.

ESPN is getting dragged for what