According to the resources cited through Alex Sherman of CNBC. com. Sources said that prior to its sale, The Athletic had sought to “raise more capital, but the investment charge and further dilution for the founders and other investors” boosted the co-founder and chief executive. Alex Mather and co-founder and chairman Adam Hansmann in “sales direction. “Still, the resources said several investors and advisers close to the company “privately suggested that Mather and Hansmann sell. “Sources said Mather and Hansmann “had other plans,” as in the early days of The Athletic, “considered merging with 538. com of Nate Silver to mix games and politics, and toyed with the concept of partnering or merging with America’s Test Kitchen, combining food and play under one roof. “Now, The Athletic needs to “grow in podcasts and virtual video and push the barriers of virtual forms” (CNBC. com, 1/14).
NEW COMPETITION: Aron Pilhofer of MEDIUM wrote about the purchase of The Athletic, which covers more than 270 sports organizations in more than 47 local markets, the Times “placed itself in direct festival with the local news site for the same subscriber organization. “And since “the average number of news sites other people will pay for is one,” it’s “very bad news for legacy local media. “subscribers. ” Athletic has around 1. 2 million active subscribers, meaning it has “grown around 20,000 consistently with the month” since 2019. Pilhofer: “It’s nothing, of course. But is this the kind of expansion the Times probably has in mind after paying part of a billion dollars for pro-consistent content?I doubt it a little” (MEDIUM. com, 1/7).
SBJ Spotlight: NFL Strength, CFP Confusion and the Stealth Olympics At today’s Spotlight roundtable, SBJ’s Abe Madkour and John Ourand team up through LiveLike CEO Miheer Walavalkar and Syracuse game control teacher Rick Burton to communicate the big news in the gaming world. Topics included the strength of NFL and Dallas Cowboys ratings; confusion in collegiate play and THE PFC; technological advances and metaverse; and how NBC is only looking to move the Games from Beijing to Paris and Los Angeles.
Two connoisseurs of school football, Ben Sutton of Teall Capital and George Pyne of Bruin Capital, talk about the expansion of the school football playoffs, generating more price from the championship game and the long duration of bowling games in this edition of SBJ’s game day Unpack the podcast.
https://www. sportsbusinessjournal. com/Daily/Issues/2022/01/17/Media/The-Athletic. aspx
https://www. sportsbusinessjournal. com/Daily/Issues/2022/01/17/Media/The-Athletic. aspx
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