Zaid Admani
@AdmaniExplains
Dave buying back Barstool for $0 is huge but what will Barstool’s revenue look like without sportsbook ads?
Sportsbooks are single handedly propping up the sports podcasting industry (similar to how crypto was doing the same for finance creators back in 2021)
Sportsbooks are single handedly propping up the sports podcasting industry (similar to how crypto was doing the same for finance creators back in 2021)
Adam Ryan 🤝@AdamRy_n · Aug 8, 2023Part of the deal is that Barstool has a noncompete with Penn.
Before the Penn acquisition, the largest advertising client of Barstool was sportsbooks.
Now, no money is coming in from their best profile of clients. Which puts constraints on the business.
Open quoted post →Before the Penn acquisition, the largest advertising client of Barstool was sportsbooks.
Now, no money is coming in from their best profile of clients. Which puts constraints on the business.
15 29