Chapter
The Future of Consumer Businesses
53:04 - 57:57 (04:52)
The acquisition of Barstool Sports by Penn Gaming highlights the importance for consumer businesses to be content-driven with direct distribution and scale. As democratized media continues to flourish, content creators are able to build their own brands and efficiently distribute consumer goods and services.
Clips
With the democratization of media through platforms like podcasts, Twitch, Twitter, and YouTube, individuals are creating their own brands and presence.
53:04 - 54:43 (01:39)
Summary
With the democratization of media through platforms like podcasts, Twitch, Twitter, and YouTube, individuals are creating their own brands and presence. There is a strong belief that traditional brands will eventually die within the next 30 years.
ChapterThe Future of Consumer Businesses
EpisodeE95: Winter is Coming, Europe's energy crisis, Kim Kardashian's new PE firm & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The acquisition of Barstool Sports by Penn Gaming shows the need for every consumer business to be a content business.
54:43 - 57:57 (03:13)
Summary
The acquisition of Barstool Sports by Penn Gaming shows the need for every consumer business to be a content business. Traditional brands not focused on content creation as their primary foundation will not be able to survive and compete effectively.