Social-First Sports Media
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Overtime built a modern sports media company by focusing on social media first, particularly targeting young audiences through platforms they actually use. The company leveraged user-generated content and strategic content licensing to build a multi-hundred million dollar brand.
Key Points:
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Core Strategy:
- Built primarily as social media accounts (Instagram) instead of traditional TV/website
- Focused on basketball culture and emerging talent
- Targeted young audience where they actually spend time (social media, video games)
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Content Acquisition Model:
- Found local photographers/videographers through social media
- Key contributors included:
- A plumber who filmed games on weekdays
- A student in wheelchair with courtside access
- Got exclusive early access to viral-worthy sports moments
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Distribution Strategy:
- Offered content free to ESPN and other networks
- Required only watermark and tag attribution
- Result: Massive brand exposure through major sports networks
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Revenue Evolution:
- Started with sponsorships
- Expanded into owning their own basketball league
- Created alternative to NCAA for players
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Market Insight:
- Kids choose favorite teams/leagues around age 10-12
- Gaming (like Madden) influences team/player preferences more than geography
- Traditional TV viewing declining among youth
- Need to capture fans through new media channels
04:43 - 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.