Niche Media Portfolio Exits

Dan Abrams built a portfolio of successful niche media sites by identifying and serving passionate communities, culminating in multiple successful exits including a recent 9-figure acquisition of Law & Crime.

Key Points:

  • Portfolio of Niche Sites Created (2009-2015):

    • Gossip Cop: Celebrity gossip blog (8M monthly uniques)
    • Mediaite: Power rankings for media personalities (14M monthly uniques)
    • Geekosystem: Meme culture website
    • Stylite: Power rankings for designers, models, writers
    • SportsGrid: Sports news (acquired 2013)
    • Law & Crime: Legal news and trial coverage (acquired for 9 figures)
    • Whiskey Raiders: Proprietary algorithm rating whiskeys
    • Ambo TV: Christian streaming service
  • Success Formula:

    • Target passionate niche audiences
    • Create multiple properties simultaneously
    • Focus on underserved content areas
    • Leverage different content formats (blogs, streaming, ratings)
    • Build to scale with relatively low operating costs
    • Maintain flexibility to launch new properties quickly
  • Revenue/Exit Strategy:

    • Build significant traffic (multiple properties reaching millions of monthly uniques)
    • Create valuable media brands that can be acquired
    • Diversify across different content verticals
    • Scale through multiple revenue streams (ads, streaming, ratings)
SP

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.

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