The Business Of Sport Podcast - George Pyne - Founder & CEO - Bruin Sports Capital

The Business Of Sport Podcast - George Pyne - Founder & CEO - Bruin Sports Capital

George Pyne, the founder and CEO of Bruin Sports Capital, the global sports and entertainment company headquartered in New York, is one of the most knowledgeable, incisive and respected operators in the global sports industry. Callum Murray caught up with him on behalf of the Business of Sport Podcast with the International Sports Convention to ask him his views on the future of global sport. How will it emerge from the global pandemic? Where will the opportunities lie? And how is technology changing the way we view sport?

In the short term – the next 12 to 36 months – "the future for game-day revenue is going to be challenging," he warns, continuing: "The pandemic is going to be with us for a while. Mid-way through next year there's a possibility of a return to normal, but the cost of delivering a live event will go up."

Pyne continues: "Billions and billions of revenue is being taken out of the system and that going to be a shock to the system and that shock is going to last for a while." Even if spectators are able to attend events again, Pyne expects the market to experience "turbulence" for two reasons:

  1. "Coming out of the pandemic, people will be naturally hesitant to go back to live events;
  2. "If people take 12 months off from a lifestyle decision, there's a chance that they might find other interests and not come back."

Bruin employs 15 people itself, while about 1700 work at its 18 portfolio companies. These include the likes of: Deltatre, the sports broadcast technology company whose CEO Giampiero Rinaudo was the subject of a previous Business of Sport Podcast (https://internationalsportsconvention.com/the-business-of-sport-podcast-giampiero-rinaudo-ceo-and-co-founder-deltatre/), Two Circles, the UK-based data-driven sports marketing agency; and OverTier, a joint venture with WPP which distributes NFL Game Pass, the NFL's OTT service, globally.

In April, the coronavirus lockdown forced Bruin to abandon its planned sale of Deltatre for an expected figure of over $1 billion, having acquired it in 2016 for about $160 million. However, Pyne insists that he was not disappointed and that Bruin is in no hurry to put Deltatre back up for sale, saying: "We're under no pressure to anything, except for the right thing. Our thinking now is we love the management team and we're going to work to aggressively build that company. It's a global company, it works with many of the major federations and broadcasters around the world, and we're excited about the future. I see us in there for a number of years going forward."

Pyne remains upbeat about the future of the sports industry, despite the challenges it faces, predicting that it will once again return to strength in "three or four years," because sport's intrinsic value, its unique ability to "represent" its fans, "that's not going anywhere."

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Her Business of Sport - Shinead Davis

Her Business of Sport - Shinead Davis

Her Business of Sport podcast shines a spotlight on women working in the world of sport who are changing the rules of the industry by carving new pathways for women in the field. Each episode interviews a woman in the sports industry about their career journey, experiences working in the field, and advice they give to future generations. Episode 21 features Shinead Davis, Head of Premium Services at Brentford Football Club In this episode, we'll dive into: Her recent achievements Her career journey so far Advice for women working in the football industry The importance of making your voice heard

22 Juli 202419min

Her Business of Sport - Charlie Sizer

Her Business of Sport - Charlie Sizer

Her Business of Sport podcast shines a spotlight on women working in the world of sport who are changing the rules of the industry by carving new pathways for women in the field. Each episode interviews a woman in the sports industry about their career journey, experiences working in the field, and advice they give to future generations. Episode 20 features Charlie Sizer, Head of Partnerships at Twenty3. In this episode, we'll dive into: - Charlie's career journey so far - Her personal passion projects - Valuable lessons she's learned along the way - Strategies to overcome challenges

1 Juli 202457min

The Business of Sport - Tim Hinchey III

The Business of Sport - Tim Hinchey III

Immerse yourself in an extraordinary episode of our sports podcast featuring Tim Hinchey III, the President and CEO of USA Swimming and the USA Swimming Foundation! 🏊‍♂️🏅 Hear firsthand about the exciting plans for the upcoming USA Olympic Swimming Trials and how USA Swimming is aiming for new heights. 🔊 Tim on hosting the USA Olympic Swimming Trials inside an NFL stadium: "We are really excited. This year it's a bit special. We have previously held four consecutive Olympic Swimming Trials in a Basketball Court and sold them out, but this time around, we are going a bit bigger. We are using the NFL Stadium in Indianapolis, Indiana, The Lucas Oil Stadium, and we are going to try and set a world record attendance on the first night on June 15th, which we think is about 16,000 for a global swim meet. What is also great is that in 1924, Indianapolis hosted the first Olympic Swim Trials and also sent those athletes to Paris, so we are doing it a hundred years later, and that is going to be really exciting for us." 🔊 Tim on selling swimming to a new audience: "We are going to have nine days, on NBC, one of our largest broadcast partners, in Prime Time for nine consecutive nights. We need to take advantage of that. They are going to talk about these World-Class athletes, and it's my job to make sure those stories get out to that audience and the spotlight goes on these amazing Women and Men who are in a traditionally amateur sport, but give them the spotlight that they really deserve. USA Swimming hasn't lost a major international competition in over sixty years, so there's a lot riding on this. Hopefully, telling the stories of these swimmers will hopefully inspire the next class of swimmers and keep that 'pipeline' full. So talent development is a big part of this as well." 🔊 Tim on leadership role models: "One of the first big, huge, personalities that I was very fortunate to have several one-on-one experiences with, was the NBA Basketball Commissioner, David Stern. Watching what David did for the NBA, from the 1980's to where it is today, arguably, one of the most profitable, diverse, successful, athletic organisations globally, and to spend time with a leader like that, is something I will never forget. ...the times he put his arm around me, the times he put his finger in my chest, and grabbing those Golden Nuggets out of what he did was super inspiring." 🌟 Don't miss this episode where Tim shares his insights and excitement about the future of USA Swimming!

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The Business of Sport - Hilary Wells

The Business of Sport - Hilary Wells

Hilary Wells - Chief HR Officer, Chief HR Officer, Sony Sports Businesses, Hawk-Eye Innovations Ltd, Beyond Sports & Pulselive Hilary on ED&I: "ED&I is huge on our agenda, not only for me and my team from an HR perspective, but its an expectation from the employment market that we are "on point" when it comes to ED&I, as well as sustainability, environment, community – all those social impact aspects that are really important to us. There's more work to do, but we have done quite a lot of work already, ensuring that we have got ED&I in our job descriptions to make sure that we are attracting the right balance, making sure that we are not being discriminatory and having unconscious biases." Hilary on Sports Integrity: "It is a huge responsibility for our business, that puts ourselves up as the lead in sports tech for officiating purposes. For us, we just do what we need to do in order to make sure that the data that's provided to our partners is 100% accurate and then do what we can to ensure that data is used as effectively and professionally as it possibly can be. We want to be the Good Guys in sport. I think we are. It's a big responsibility, but it's what we do." Hilary on being part of Sony. "Being part of the Sony Company is extremely valuable to us. Not only is it a quality guarantee, it also allows us access to different investments, it allows us to think bigger than we might do if we were an independent business. Our challenge is how we make sure we can exist within the Eco System of Sony, but also ensure that we are an innovations business. We have sort of got the best of both worlds really – the opportunity of a major corporation, as well as being able to operate in the way which we need to."

7 Mars 202441min

The Business of Sport - Eric Stark

The Business of Sport - Eric Stark

Eric Stark is a co-founder and President of Slate, a US-based company that simplifies social content creation for brands, making the process much faster. Winners of the 2022 ISC Sports Tech Company of the Year, they've been in business now for almost five years. Eric makes no secret of the fact that his business journey began as an NFL fan first and foremost. He rose through the NFL to become Director of International Marketing and Content Stratgey and also, Manager of International Content Strategy. His CV includes time with the San Francisco 49ers and the Kansas City Chiefs. But having worked for multiple teams, along with a business partner, he spotted a gap in the market and Slate was born. Eric gained a Bachelor of Arts Degree in Film & Media studies from UC Santa Barbara in 2012.   Eric Stark on getting into the Digital Sports Media Industry: "My first role out of college was with the NFL in a digital media capacity. I will say I joined the company and was interested in the role because of the NFL side not because of the digital media side and it was a good pairing because I quickly fell in love with the digital media side and specifically, how digital media and sports come together and that started my career. I have been in the digital media and sports world ever since, but really, I was just an NFL fan who had a best friend in college with a sister who worked at the NFL and I wouldn't stop bugging her, every other week, to say in touch and then an internship opened up and I got an interview and the rest went from there!"   Eric Stark on Slate's USP: When we started, it was about speed for sure. We started as a mobile editing tool only, and it really was about speed of turnaround, especially when you are in person at an event. But there is a need for all social teams across industries to just be more nimble. Yes, speed is part of that, but really it's just about being able to have an idea and to easily execute it and create content. There's a higher volume of social content that every brand needs to create and there are more platforms than ever that these brands need to create content for. That's only increasing and the need for short-form video content is only increasing and it's not easy to create this content. Teams have to use several different editing tools currently, like Premier and we are trying to make it easier for those teams to create that content without it having to pass through so many hands."   Eric Stark on where Slate goes in the future: "We are starting to grow more with college athletics in the US. A lot of universities are using Slate for their athletic programmes and a lot of them that aren't, I think will start using it eventually. Outside the US, we do have some Premier League Clubs and some other international football clubs and rugby and other sports that are popular in Europe and elsewhere, but there is still a lot of room for us to grow. I am getting more interested in Premier League and international soccer and did a lot of work there when I worked at the NFL with different teams in the Premier League and I think that sport continues to have a really bright future in the US and we are seeing it grow more and more. With the Premier League on NBC and the World Cup coming soon and I live in Portland, Oregon right now, a city which really cares about it's MLS team, so that sport continues to interest me and it's something I will follow."

19 Dec 202332min

The Business of Sport - Niall Couper

The Business of Sport - Niall Couper

Niall Couper is the Chief Executive Officer of Fair Game, a fast-growing collaboration of professional football clubs campaigning to improve football governance. With the support of more than forty world-renowned academics and a growing band of politicians, Fair Game, an ISC Season-Ticket holder, is committed to providing realistic and sustainable solutions to the challenges facing football. Having recently signed an alliance with the Union of European Football clubs, Fair Game's influence in football globally is growing and Niall Couper, a key player in the re-birth of AFC Wimbledon, is the man leading the charge, on behalf of clubs facing the same kind of difficulties encountered by the former FA Cup winners.

12 Dec 202332min

The Business of Sport - Gabby Vidal Castillo

The Business of Sport - Gabby Vidal Castillo

Gabby  is the Senior Strategic Partner Manager for International Sports Convention Season Ticket holder, Greenfly, a digital platform seeking to maximise fan engagement opportunities for sports, clubs and leagues globally. Greenfly enables organisations to capture, distribute and organise content. They have become established as part of the short-form content infrastructure. Gabby previously spent four years working for Meta in a Partnerships role and had a brief spell as New Media Partnerships Director for Copa 90. Gabby also includes Google among her previous employers and she has a First Class honours degree in International Business Management from Newcastle University. Gabby on the evolution of short-form content: "When you look at the way short-form content has evolved  over the last few years, it's been pretty astronomical. You've had the introduction of social media platforms like Tik-Tok for instance, but equally, existing social media platforms, whether it's Instagram or You Tube have evolved their platforms to keep up with this shift in consumer trends. Gabby on globalisation of content: "Because it is short, short-form content can translate into different interests and cultures. You can make that much more accessible to fans who don't have to sit there for several minutes. You can consume a good variety of short-form content in a short space of time and I think as long as the quality is there, you can translate and make short-form content appealing to all kinds of people.  I think that although that kind of content appeals to sports fans, it also appeals to casual fans. So you don't have to be hardcore fans of tennis or F1, to watch that content. I do believe if the content is engaging and entertaining, you will get an audience. We try and show our clients that yes, you are a sports entity, but you have to be in entertainment too." Gabby on User-Generated content: "USG is a really powerful tool to enable fans to be brought closer to the action. It makes content a lot more relatable to see yourself represented in that and touching on the diversity point of view, whether you are a league, a team, or a federation, you are able to represent the diversity of your fanbase and give them the microphone to tell their own stories and how they perceive the club and how they enjoy following the journey from their own perspective."

8 Dec 202334min

The Business of Sport - James Dobbs

The Business of Sport - James Dobbs

James Dobbs is the Managing Director of Sports News TV (SNTV), the world's leading sports news video agency. Working with over 200 rights holders globally, SNTV produces and distributes exclusive content every day to more than 1200 broadcast, digital and social media companies. SNTV specialises in the production and distribution of branded content, as well as optimisation and monetisation of content across social media channels.

1 Dec 202332min

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