reindeer

reindeer | troy benton

growth | strategy | advisory | LI contact

“If I had an hour to solve a problem, I'd spend 55 minutes thinking about the problem and five minutes thinking about solutions.” - AE

what I am reading:

Deloitte 2024 Gen z and Millenial Survey. Or tldr: just follow Mr Beast to learn.

The Deloitte Global 2024 Gen Z and Millennial Survey

The 13th edition of Deloitte's Gen Z and Millennial Survey connected with nearly 23,000 respondents across 44 countries to track their experiences and expectations at work and in the world more broadly.

https://www.deloitte.com/global/en/issues/work/content/genz-millennialsurvey.html

The Deloitte Global 2024 Gen Z and Millennial Survey

Staying just cable only equals →

Warner Bros. Discovery Posts Nearly $10 Billion Loss

The loss includes a $9.1 billion impairment charge tied to the plunging value of its linear networks.

https://www.wsj.com/business/earnings/warner-bros-discovery-wbd-q2-earnings-report-2024-84f85759?mod=e2fb&fbclid=IwZXh0bgNhZW0CMTEAAR2oHeiHUXLZbrWM5Q7DflxewcU9MPHn87hJHQHQ8SP-UbhbCOvm7AhCGyA_aem_jCmXooQ3PjA5O3wBauCotA

There is no such thing as “strategic planning”.

Strategy vs. Planning: Complements not Substitutes

Don’t be lulled into thinking that having a plan will save you from the fate of not having a strategy

https://rogermartin.medium.com/strategy-vs-planning-complements-not-substitutes-ea08e56809d6

Think Like a Rocket Scientist

Check out this great listen on Audible.com. Brought to you by Penguin. Named a "must read" by Susan Cain, "endlessly fascinating" by Daniel Pink, and "bursting with practical insights" by Adam Grant. In this accessible and practical book, Ozan Varol reveals nine simpl...

https://www.audible.com/pd/0753554879?source_code=ASSORAP0511160006&share_location=library_overflow

$2.6bn per year to $6.9bn per year on media deal in 6 years. Goes to show sports is being valued twice. 1) Lead generation for paid services and 2) Monetise via sponsors with the former creating more shareholder valuation.

5 takeaways from the NBA’s mega media rights deal

Aside from the huge financials on offer, SportBusiness delves into what this landmark rights deal means for stakeholders across the US sports industry.

https://www.sportbusiness.com/2024/07/5-takeaways-from-the-nbas-mega-media-rights-deal/

You’d think Warner Bros have to match and take the Amazon rights. And once deal gets done, it’s on to the Vegas team ? 11 years, $76bn but a bit of a headache for end user. It’s perhaps back to a bundle for people who have cut cable - like YouTubeTV or the proposed new mega sports bundle.

NBA to turn to 'consideration of expansion' after media rights deal done

"We did approve this stage of media proposals," Silver said Tuesday, but he cautioned that the process is not done.

https://www.nytimes.com/athletic/5642601/2024/07/16/nba-expansion-media-rights-silver/

NBA to turn to 'consideration of expansion' after media rights deal done

What a story. Continues the player bigger than the team storyline.

'Maradona, Messi, now Yamal': The story of Spain's sensation

In the latest instalment of the Next Up series, Sky Sports takes an in depth look at Barcelona and Spain star Lamine Yamal with the help of his coaches.

https://www.skysports.com/football/story-telling/12024/13175343/next-up-maradona-messi-and-now-yamal

Media, tech titans head for Sun Valley with streaming alliances top of mind

Media and tech titans will convene at Allen & Co.'s annual conference this week, where streaming and sports alliances will be top of mind.

https://www.cnbc.com/2024/07/08/sun-valley-media-conference-2024.html?__source=iosappshare|com.apple.UIKit.activity.Message

Younger fans following individual athletes versus teams. With such a focus on teams in league and team apps, social media is where they go to get what they want. Athletes individually more valuable than ever before.

The game is changing in sports investment — three trends to watch -

Consumption of sports is more fragmented and athlete-centric. This opens up some opportunities for startups and investors.