As ad-based news eats-up up sports journalism, one startup goes old school

Not to sound too cynical, but sports journalism in recent years has devolved into a glorified score board.

Most in the industry heavily rely on ads for revenue and fill out the rest of their content bucket with fluffy click bait news pieces.

A quick stop-over at typical online sports magazines always begins and ends with a bombardment of pop-ups asking for an email address and a subscription to a newsletter. Then they hit you with an auto-play video.

The Athletic, however, brings the business back to its core principles.

Alex Mather, Co-Founder at The Athletic
Adam Hansmann, Co-Founder at The Athletic

The startup, funded initially by Y combinator, managed to gather a whopping $5.4 million in further funding on the principle of having advertisement-free revenue, and relying on old fashioned quality news pieces.

“The current media industry is driven by advertising, which means they often have to prioritize their stakeholders over their users. They have to do all these things that compromise what the user actually wants,” says Alex Mather, co-founder of The Athletic to Y Combinator.

Mather, along with his partner Adam Hansmann, founded The Athletic with absolutely no experience in journalism. The duo managed to turn members of the Sports social network, Strava,  from thousands to millions.

In an interview with Niemanlab, Hansmann reported “We’re not about trying to be the next ESPN or something, but finding the segment of fans that care deeply about their teams and serving them with something that’s high-quality.”

The subscription-based magazine focuses on in-depth local sports news for different cities, rather than just the highlights of the industry, a concept that allowed them to poach Paul Fichtenbaum, Sports Illustrated Group’s former editor-in-chief as their new chief content officer, as well as some of the most talented local sports reporters.

The magazine, although only covering 4 cities so far (Chicago, Detroit, Toronto, and Cleveland) has plans to expand to more cities. Their success follows the guidelines of a subscription-based business, offered by Entrepreneur and Harvard Business Review, like maintaining a strong personal relationship with the subscribers through providing in-depth stats about each city’s favorite teams, rather than just writing about headlines that are covered by every other publication. The company also makes sure they have a market/service fit before investing in on-boarding customers.

“The current media industry is driven by advertising, which means they often have to prioritize their stakeholders over their users. They have to do all these things that compromise what the user actually wants,” says Mather, emphasizing that his startup stands alone, in the middle of an ad-driven market.

Omar Elorfaly

Crazed by modern technology and unexpected experiences around the world, Omar hops on the first ride possible towards random spots, seeking the next thrill

Recent Posts

Crafting Your Startup MVP: A Comprehensive Roadmap for Efficiency and Cost Savings

Many of you probably know that one of the most crucial steps in running a…

6 days ago

EV fleet management startup Synop launches mobile app

New EPA updates regarding emissions regulations have many vehicle fleet operators wondering not if but…

1 week ago

Blockchain industry set to benefit from new collaboration between University of Notre Dame and startup Crescite

The blockchain industry is set to benefit from a new collaboration between the University of…

1 week ago

NTT Research Foundation announces gift to establish Harvard University Center for Brain Science Fellowship Program

The NTT Research Foundation announced this month a gift to establish the Harvard University Center…

2 weeks ago

Unveiling GA4 Reports & Interface: A Beginner’s Guide (Part 2)

Welcome back business owners, marketing professionals, and anyone interested in harnessing digital analytics for business…

2 weeks ago

Pitbull Ventures Closes $5M Fund To Help The Next Generation of Vertical SAAS Companies

Pitbull Ventures, the early-stage venture capital firm founded by prominent investor Brad Zions, today announced the…

2 weeks ago