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Viva la EBITDA

Discussion in 'Sports and News' started by DanielSimpsonDay, Jan 29, 2020.

  1. DanielSimpsonDay

    DanielSimpsonDay Well-Known Member

    DanielSimpsonDay, Jan 29, 2020
    #1
  2. Regan MacNeil

    Regan MacNeil Well-Known Member

    Jesus Christ. Portnoy will OD on coke within two years.
     
    Regan MacNeil, Jan 29, 2020
    #2
    Songbird likes this.
  3. Chef2

    Chef2 Well-Known Member

    [​IMG]
     
    Chef2, Jan 29, 2020
    #3
  4. justgladtobehere

    justgladtobehere Well-Known Member

    I think Barstool is a very interesting business story. From its origins as a free weekly in Boston to being a $450 million company, partly because of the end of the prohibition on sports gambling. Portnoy is a hustler, but his company's current value is in podcasts and he didn't see that at first. And Chernin made out. According to the article, it got at least half of the company for $25 million.

    It's content on the internet that is valuable now. What are the internet-only news/information websites making money?

    I don't see how it is a great investment going forward. Its has a polarizing public image that could end up killing it. Also, it appears that Barstool's value is in its attitude and its talent. Its readers/listeners/viewers are going to get older. It is going to have to replace people doing the popular podcasts. I don't think a media company with this specific of a attitude can both maintain its listeners and find the talent to keep people interested.
     
    justgladtobehere, Jan 29, 2020
    #4
    maumann likes this.
  5. Chef2

    Chef2 Well-Known Member

    Portnoy is always one stupid 3am high as shit tweet from pissing the whole thing away.
     
    Chef2, Jan 29, 2020
    #5
  6. CD Boogie

    CD Boogie Well-Known Member

    I wouldn't bet against him. Unlike Daulerio, he seems to know where the line is -- and then he snorts it.
     
    CD Boogie, Jan 29, 2020
    #6
    Donny in his element and Chef2 like this.
  7. sgreenwell

    sgreenwell Well-Known Member

    Yeah - If you had to wager on "who's the next Gawker?", they're the heavy favorites. That valuation seems absolutely nuts to me. Like, I'm not sure how much more growth they have in terms of market, and eventually they're going to lose some of it as it "matures" out of the demo.
     
    sgreenwell, Jan 29, 2020
    #7
  8. DanOregon

    DanOregon Well-Known Member

    I really don't see the brand having a long shelflife. Chernin wouldn't have sold if they thought the value would go higher. But I do think with gambling companies flooding the market, having a brand like Barstool to set you apart is wise.
     
    DanOregon, Jan 29, 2020
    #8
  9. Songbird

    Songbird Well-Known Member

    Seriously. David Fucking Portnoy is soaring into the galaxies as we speak.
     
    Songbird, Jan 29, 2020
    #9
  10. Chef2

    Chef2 Well-Known Member

    Portnoy is one of those guys that when you see him on the street, you just want to walk up to him and punch him.
     
    Chef2, Jan 30, 2020
    #10
  11. Songbird

    Songbird Well-Known Member

     
    Songbird, Feb 24, 2020
    #11
  12. BitterYoungMatador2

    BitterYoungMatador2 Well-Known Member

    Cucks
     
    BitterYoungMatador2, Feb 24, 2020
    #12
    sgreenwell and Regan MacNeil like this.
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