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The Athletic keeps growing .......

Discussion in 'Journalism topics only' started by Fran Curci, Feb 3, 2018.

  1. The Big Ragu

    The Big Ragu Moderator Staff Member

    It seems feckless to me to be doing these message-board analyses, with rabbit-out-of-a-hat numbers, about a business strategy and a business plan that none of us are familiar with. I personally love looking at businesses that way. But only when I have enough information to base it on fact, not wild speculation.

    For example, that$140 million based on some number of made up hires at $60 a subscription thing that was posted. ... made an assumption that subscriptions are the only source of revenue they have in mind (or can realize). The last time the WSJ did one of their Athletic articles, Mather was quoted saying that they are looking at sponsorships, events, podcasts and possibly syndication deals with local television stations. Is there revenue to be had from things like that? Have they started to realize it yet? Who knows? But once you get a subscription-based publication going, it doesn't preclude drawing revenue from ancillary businesses. In fact, the two usually go hand in hand, and the alternate sources of revenue can be very lucrative. For example, there are subscription-only industry publications that make more money from running conferences than they do from their publications -- which actually exist less to make money, and more to give them the industry authority to hold the conferences.

    None of us knows their strategy well enough yet to really make conclusions about its viability. What I do think we can say with pretty good certainty is that like just about everything else, it will hinge on demand for what they are selling. If there are going to be alternate sources of revenue, for example, that can help make them profitable, they aren't going to be there unless they have a site that is drawing readers.
     
  2. LanceyHoward

    LanceyHoward Well-Known Member

    I made all the numbers up and said I probably inflated a few. Though I will note that so far the Athletic website says they cover 10 colleges so far. One of them is Cincinnati. If they are going to staff Cincinnati I bet they cover more than 25 colleges.

    But I think they are going to have to hire a lot staff. Right now they have do not seem to have any staff in among other places Houston and Atlanta. I think they are going to hire local writers to get any significant subscription base in a market.
     
  3. Seth1710

    Seth1710 New Member

    Actually, to this point I'm unaware of anyone hired by The Athletic since the Cox sites went away. The Wisconsin writer did leave Land of 10 for The Athletic, but took the job prior to the Cox layoffs.
     
    PaperClip529 likes this.
  4. Fran Curci

    Fran Curci Well-Known Member

    Not at all. Those same writers might be better if they were a) edited differently and b) not asked to do constant low-impact updates.
     
    wicked likes this.
  5. Seth1710

    Seth1710 New Member

    An Iowa beat writer was hired by The Athletic after the Land of 10 announcement. That's the only one that I think applies. The Wisconsin writer took the job before the announcement.
     
  6. dirtybird

    dirtybird Well-Known Member

    Go read Jesse Temple and kindly tell me that again.
     
  7. ICanRowCanoe?

    ICanRowCanoe? Member

    Just curious as we try to get a grip on the Athletic's viability and future: Do you (any poster who chooses to answer) subscribe? Why or why not?

    I don't. It's tempting for just $40, but I get enough sports fixes without it that I'm not willing to spend the money. I have my core favorite teams and read about them on various local newspaper sites (philly.com, nydailynews.com, nypost.com). I landed free subscriptions to both SI and ESPN by taking surveys on a reward site. I just really don't jones for more copy.
     
  8. Reddy235

    Reddy235 Member

    I did a free trial week not long ago. Wasn’t blown away. Mostly just run-of-the mill features you can find too many other places. No real news breakers. Photography is stock. Layout is bad. They have their “latest” stories so far down the page you often miss them. They have four-, five-day old stories up higher on the page very often.
    I mean, it’s competent content. Just, yawn, nothing groundbreaking, nothing making me open the wallet.
     
    Last edited: Jun 6, 2018
  9. Roscablo

    Roscablo Well-Known Member

    I took the plunge. I am a Denver sports fan and they got pretty much the best local writers left anyway. The Denver Post has a solid paywall now, where I would have gotten most that information from before anyway, and I don't believe their overall product is even close to worth their fees. And you get all the Athletic's content on top of it. I feel with the talent they have and the content they are producing right now, $40 is worth it. We'll see how I feel in a year. And I spend more than $40 a lot more quickly on much more trivial stuff.

    So far I read several stories easily a day, across the board, and it always seems like there is a tweet or post somewhere that catches my eye to look at even more stories. Guess that could said for free outlets too but in the early going I'm happy with it.
     
  10. Double Down

    Double Down Well-Known Member

    Good Take I don't see enough of:

    The Athletic is a good substitute for your local newspaper, in part because your local newspapers' best writers have been lured away by The Athletic, but also because in general most local newspapers are run by very stupid companies that think the quality of reporters doesn't matter. It can succeed as a local product and should stick around for years to come. I am rooting for it to succeed and think highly of its hires, if not it's frat boy owners and their penchant for shit talking.

    Hilariously Bad Take I occasionally see:

    The Athletic is going to be the new ESPN.

    You know, ESPN, that television network that has negotiated billions and billions of dollars in sports rights deals, the one that, even though it has lost a big chunk of cable subscribers, still MAKES $6.2 billion per quarter. Per quarter.
     
  11. playthrough

    playthrough Moderator Staff Member

    I subscribed when I saw they hired C. Trent Rosecrans from the Cinci Enquirer, the top beat guy on my favorite team. Every day I get a Cincinnati e-mail newsletter, which has some good stuff. Also get newsletters for college football and basketball, I don't always click the links but the 400-word lead-in from O'Neil, Davis, Mandel, etc., is usually decent. As for surfing the site, I'll go to the "Ink" page and usually find something different (like that Pearlman bare-fisted boxing story, yikes). Also like sports media stuff so I'll search out Deitsch (even though some of his stuff makes me hold my nose).

    I've been a subscriber to SI for eons and don't think I'll ever give it up, but the biweekly publishing sucks and I've never liked the website. I have also finally weaned myself off ESPN.com as a mindless everyday click. Playing off your post, I don't jones for breaking news or many scores or standings, I just want stuff to read when I've got a few spare minutes and I don't want to go to five different places to find it.

    I have yet to scroll through The Athletic and not find something interesting. The staff is just so deep. If anyone doesn't want to pay for it, that's their right. But saying there's nothing good there is pretty ridiculous.
     
  12. lcjjdnh

    lcjjdnh Well-Known Member

    I agree it is a good substitute for a local paper. But is it a substitute that people are willing to pay for? I subscribe, and I like it, but are there enough sportsfans for whom the coverage they can get, for free, on TV, radio, ESPN.com, Twitter, fan blogs, Reddit, etc. is insufficient?
     
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