hmm, I think you're still overreacting a bit. Will it be different? Most definitely. The way people consume television has changed significantly. The entire cable industry is showing that changes are needed to the business model, not just ESPN. Shoot, FS1 went through their own big round of layoffs this summer. The industry is changing.
But for all of their viewer losses, ESPN isn't losing money. It's still quite profitable, just not as much as it . It's not going away any time soon. There's still far too much money being made.