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Overtime built a sports media empire by creating a community-powered content network focused on grassroots basketball, leveraging social media platforms instead of traditional media channels.
Key Points:
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Core Strategy:
- Built as an Instagram-first media company focused on basketball culture
- Targeted high school prospects and emerging talent instead of pro leagues
- Created content distribution network through social media platforms
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Content Acquisition Model:
- Found local photographers/videographers through social media
- Key contributors were everyday people:
- A plumber who shot games on weekends
- A student in a wheelchair with courtside access
- Got exclusive access to emerging talents like Zion Williamson
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Growth Strategy:
- Offered free content to ESPN with watermark/tag requirements
- Used traditional media's distribution to build their brand
- Focused on quick clip submission and distribution
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Revenue Streams:
- Sponsorships
- Created their own basketball league as alternative to NCAA
- Media rights and content licensing
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Market Insight:
- Discovered kids choose favorite teams/players around age 10-12
- Found younger audiences weren't watching traditional TV
- Identified video games and social media as key channels for reaching youth
09:02 - 09:13
Full video: 10:24SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.