Content Platform Arbitrage
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House of Highlights demonstrates how to take existing content, repackage it for a new platform, and build a valuable media property. They took ESPN SportsCenter's concept and reimagined it for the social media age.
Key Points:
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Core Innovation:
- Took SportsCenter's 30-minute TV highlight format
- Transformed it into 10-second Instagram clips
- Posted highlights immediately as they happened
- Eliminated the need to wait for next day's SportsCenter
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Operations:
- Ran by just 2 NBA fans managing the account
- Grew to over 1 million followers
- Later acquired by Bleacher Report
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Bleacher Report's Content Strategy:
- Used data-driven approach to content creation
- Studied Google searches to identify high-demand topics
- Focused writers' time on content with proven demand
- Example: Created comprehensive NFL draft content based on search volume
- Prioritized efficiency over traditional journalistic approach
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Business Model:
- Take existing content (sports highlights)
- Repackage for new platform (Instagram)
- Build audience through better timing and format
- Monetize through acquisition or advertising
This represents a broader opportunity to take "basic" content, improve its distribution and targeting, and build valuable media properties.
23:40 - 24:50
Full video: 59:30SP
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.