Had a good time chatting with Corey for this one, who really knows the business well and asked a lot of great questions.
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ALLCITY Network –a digital sports media entity with five city-focused outposts (DNVR, PHNX, CHGO, PHLY, DLLS)– recently closed on a $12mm Series B investment round led by TEGNA. The company is trying to fill a gap in informed, daily, local team coverage, which was once occupied by newspaper columnists, radio hosts, and television talent. “In Dallas, there wasn’t even a full-time Stars beat writer in the market [before we got there],” Brandon Spano (co-founder and CEO, ALLCITY Network) said. Each of ALLCITY’s ‘local networks’ provides fans in the market with a steady stream of conversation and analysis about their favorite teams via written content, video podcasts, and discord channels. And they bring the ‘community’ element to life with a series of live events. "Our mission is to become the center of the sports fans’ experience," Spano said. "We try to create a flywheel where fans can be connected at all times, in terms of what they read, watch, listen to, and wear, and where they can interact in person with one another and the talent." More than 500 Chicago Bears fans paid to attend CHGO’s live 2024 NFL Draft show/party. #sports #media #digital #local #investment #venture #vc cc: Greg Bergamesco JohnWallStreet Jacie Brandes Ryan Dastrup, PhD Randall Friedman https://lnkd.in/e_43V5zr