#linkedinsportschallenge Day 8: How are recent trends and developments around diversity in sports ownership reshaping the landscape of sports? Obviously there are some more diverse ownership groups in #sportsbiz now? But I do wonder if the premise of today's question highlights that as much as there are examples like Angel City Football Club's ownership group. To me, it isn't the ownership group, but the decision making power that is most important. Having the key decision be a woman, a black person, or another minority will help change the decision making dynamic. It might not make the decisions any different, but it might create space for different decision making criteria to be considered when things like #tickets, #marketing, and broadcasting decisions are made. Right now, we still need to see more diversity in the decision making processes. #strategy
Dave Wakeman’s Post
More Relevant Posts
-
Partner Brian Anderson recently sat down with Richard Hsu and discussed his personal connection with sports and how it has shaped his career, the Sheppard Mullin Sports Industry Team and the sports business as a whole. Check out this episode of Hsu Untied: https://lnkd.in/ggFrh5dM #Hsuuntied #sportsindustry #sportsbusiness
To view or add a comment, sign in
-
Here's to transforming commercialization opportunities across global sports, media, and entertainment.
To view or add a comment, sign in
-
A company is not a family. Netflix says it's a sports team. I think both are flawed metaphors but Netflix's is better. Here is why: Companies are a relatively new social structure. They are often bigger than a family or a tribe. Many are larger than Dunbar's number. Their myth (story) is not as deep or as strong as that of a religion, ethnicity or nationality. The company is usually a temporary structure, and membership is even more temporary. Belonging to the structure is based first and foremost on mutual benefits, and both sides are usually quite easy to replace. Families are small, permanent, and almost impossible to replace. So it's safe to say companies are not families. But are they like a sports team? The idea that each person must be a high performer, and play for the team, is a strong metaphor. The idea that you are judged continuously for performance, not tenure, paid for your performance let go when it's not beneficial for the company also seems a lot more honest to reality. But, sports teams are usually very small, have extremely clear objectives and rules. Companies are large, so that's already a big difference. You don't know most people and cannot develop trust with them. Companies have shifting goals which you are not always aware of, different sub groups have different agendas, and the rules of conduct are vague and vary per company. So again not like sports teams where the why, the what and how are super clear. Bottom line companies are large, temporary, low affinity, transactional, complex and ambiguous social structures. They are neither like families, religions, or sports teams. It's possible that leaders try to come up with metaphors to explain companies, simply because companies are hard to define... I guess companies are a category of their own. https://lnkd.in/dMyqf_Nf
Pro Sports Team, Not a Family | Reed Hastings
https://www.youtube.com/
To view or add a comment, sign in
-
"Top 62 Women in Aviation & Aerospace to follow on Linkedin" Disruption DeepTech NewSpace NewSpaceEconomy Web3 RWAs Crypto Blockchain Digital SustainableWorld - Only for information , No trading & No investment advice
Opening Remarks: Sarah Sandler Executive Director, Business and Program Development, Milken Institute - Moderator: Jim Gray Sportscaster, Fox, SiriusXM and Amazon Prime; Author, "Talking to GOATs"- Speakers : Earvin "Magic" Johnson Chairman and CEO, Magic Johnson Enterprises - Mark Walter Founder and CEO, TWG Global; Founder and CEO, Guggenheim Partners "#Investing in #professional #sports #teams has long been a harbinger of prestige and influence. Concurrently, there's a notable cultural #shift in the sector as #fans increasingly opt for #streaming services and #platforms to catch their favorite teams, opening #new #avenues for #value #generation. This #changing landscape highlights the #profitability of #investments across #leagues, #teams, and #athletes. Join Earvin “Magic” Johnson and Mark Walter for a discussion on the #world of #sports from the #viewpoints of key #stakeholders." #Leaders in #Sports: A Conversation with Earvin “Magic” Johnson and Mark Walter Tuesday, May 7, 2024 27th annual Global Conference, broadcasting live worldwide - #MilkenInstitute -
Panel - Leaders in Sports: A Conversation with Earvin “Magic” Johnson and Mark Walter | Milken Institute
milkeninstitute.org
To view or add a comment, sign in
-
As teenage sensation Luke Littler turbocharges interest in darts, O&O's Joe Topping and Charlie Catterall explore how the success of individual athletes can be best harnessed. "The extent of the impact of the ‘Littler Effect’ will largely depend on darts’ ability to convert as many of these new, ‘intrigued fans’ as possible into casual fans in the short term, and then, in the long run, convert them into avid fans. The more successful a sport is in doing this, in theory, the greater the value of future rights deals." Read the full article here: https://lnkd.in/eRrHprms #darts #sports #broadcasting
Luke Littler: Nuke or Fluke? — Oliver & Ohlbaum Associates
oando.co.uk
To view or add a comment, sign in
-
#LinkedInSportsChallenge | Day 8 | How are recent trends around diversity in sports ownership reshaping the landscape in sports? Diversity in sports ownership is bringing new backgrounds and new ideas to sports. A big new ownership group are athletes and Hollywood stars. I think diversity between ownership will bring about more distinctive differences in a clubs personality and how it is run. Creating more of a personality and storyline behind each club.
To view or add a comment, sign in
-
⚾ Is competition in sports the same as competition in business? ⚾ Sports have largely warped our view of competition in America. Sports are the definition of zero sum competition: one team's win = the opposing team's loss. There cannot be two champions at the end of a season. This is why we love sports, but it is a flawed approach to competition in business. In my experience, this thinking is widely applied in business. I often hear grand plans of companies vowing to be "better" or the "best" in their industries. This may make sense in sports, but business is not sports. In business, companies must compete to be different, not better. If you are offering a similar product, to a similar customer, for the same relative cost as your competitors, then the only thing left to compete on is price. There is little value that any company can offer in this scenario. Think of competition in business like that of performing arts, rather than sports. Who is the best singer? There is obviously no answer to this question. Each singer has a unique voice, which is valuable to a unique audience. Competing to be different - rather than the best - allows companies to meet specific needs of a specific groups of people. This is where value is created. #competition #strategy #competitivestrategy #value
To view or add a comment, sign in
-
A capital restructuring deal affecting the intercollegiate sports landscape.
Learfield completes $1.1B recapitalization
sportsbusinessjournal.com
To view or add a comment, sign in
-
THOUGHT-PROVOKING insight from sports agent Rich Paul (KLUTCH SPORTS GROUP, LLC) about the still-increasing value of athletes, especially as the regional sports network model evolves to more DTC and streaming. We've seen leagues and teams (big and small) continue to partner with players more to build more value together, through content collaboration and even direct calls-to-action to buy tickets or watch games. These relationships and the value athletes can provide beyond the games will only continue to grow as business models evolve and relationships with fans become more direct [via Semafor]
To view or add a comment, sign in
-
Ahead of the WNBA (Women's National Basketball Association) Draft and the upcoming season, Prime Video & Amazon Studios and the league have extended their media rights agreement for two more years. This renewed partnership means that Prime Video will broadcast 21 games in the 2024 season, including the championship game of the 2024 Commissioner's Cup! This extension with Amazon is a major win for the league, as it remains in the market for its next primary media rights deal. Currently, the The Walt Disney Company/ ESPN is the league's largest rights holder. 🏀 #wbna #womensbasketball #amazon #amazonprimevideo #disney #espn #mediarights #sportsbiz #sportsbusiness #marketing #media #sportssponsorships #sponsorships #ai #mensio #hive Article by Sports Business Journal
WNBA, Prime Video extend exclusive media rights deal for two more years
sportsbusinessjournal.com
To view or add a comment, sign in