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Bleacher Report

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Bleacher Report
OwnerTNT Sports
Founder(s)
ParentTNT Sports Interactive
SubsidiariesHouse of Highlights
URLbleacherreport.com
RegistrationOptional
Launched2005; 19 years ago (2005)

Bleacher Report (often abbreviated as B/R) is a website that focuses on sport and sports culture. Its headquarters are in San Francisco, with offices in New York City and London.[1][2][3]

Bleacher Report was acquired by Turner Broadcasting System in August 2012 for $175 million.[4] In March 2018, Bleacher Report and Turner Sports launched B/R Live, a subscription video streaming service featuring live broadcasts of several major sports events.[5]

History

[edit]

Foundings: 2005–2011

[edit]

Bleacher Report was formed in 2005 by David Finocchio, Alexander Freund, Bryan Goldberg, and Dave Nemetz—four friends and sports fans who were high school classmates at Menlo School in Atherton, California. Inspired by Ken Griffey Jr., they wanted to start writing about sports.[6][7] With the help of two old friends, J. B. Long and Ryan Alberti, the company's nucleus took up residence in a Menlo Park office space, in the spring of 2007, for $650 a month.

Bleacher Report announced the completion of a round of Series A funding on the occasion of its public launch in February 2008.[8] The undisclosed sum came from Hillsven Capital, Transcoast Capital, and Vimeo founder Jakob Lodwick. Eight months later, in October 2008, Bleacher Report secured $3.5 million in Series B funding from Hillsven, Gordon Crawford, and SoftTech VC.[9]

Under the Turner corporate umbrella, Finocchio remains at Bleacher Report as the CEO.[6] Goldberg and Nemetz transitioned out of their respective VP roles during the integration process. Freund left the company in 2009.[10]

A Series C round in December 2010, led by Crosslink Capital, netted an additional $10.5 million.[11][12]

Bleacher Report named Brian Grey as its chief executive officer in 2010. Grey came to Bleacher Report from leadership roles at Fox Sports Interactive and Yahoo! Sports.[13] In the first year of Grey's tenure, Bleacher Report filled two more executive-level positions, adding Rich Calacci as chief revenue officer and Drew Atherton as chief financial officer. Calacci joined the company in May 2011; Atherton followed a month later in June.

In August 2011, the company announced a $22 million growth round led by Oak Investment Partners, with participation from Crosslink and Hillsven.[14] At the time, Oak general partner Fred Harman, a board member at both The Huffington Post and Demand Media, characterized the investment as a bet on Bleacher Report's ability to keep pace with real-time fan interest across all forms of social media.[14]

For many years after its founding, Bleacher Report was one of the few mainstream sports websites in the United States that regularly covered professional wrestling, as the genre is generally seen as a form of entertainment within the U.S. due to the open secret that professional wrestling is staged.[15] This continued under Turner ownership, as Turner had once owned World Championship Wrestling. Following WWE and ESPN beginning to collaborate on projects on a regular basis in 2014, other mainstream sports outlets now cover professional wrestling, with Bleacher Report having strengthened theirs by forming a partnership with All Elite Wrestling to be the exclusive home to their pay-per-view events in the U.S., as well as parent company Turner having broadcasting rights to AEW Dynamite and AEW Rampage.

Turner Sports acquisition: 2012–present

[edit]

Bleacher Report's sale to Time Warner (via Turner Sports) was announced on August 6, 2012. Under the terms of the deal, Grey, Finocchio, Calacci, and CTO Sam Parnell all assumed official Turner Sports titles while retaining their management responsibilities at Bleacher Report.[16] In a press release announcing the purchase, Turner president of sales, distribution, and sports David Levy cited the site's rapid growth and loyal user base as key factors in his company's decision to make a deal—and also alluded to the potential value of Bleacher Report's multimedia platform as an outlet for Turner's various video resources:

As brand builders and content providers, we were attracted to Bleacher Report's fast growth to a leading marketplace position and a valued consumer destination. The site will continue to innovate and provide users and sports fans with branded news and information. With our expansive digital rights and resources, Turner will further ensure Bleacher Report's continued growth and success.[16]

Nemetz continued with the company for eight months after the acquisition, going on to advise and invest in other media platforms including Elite Daily and Bustle.[17] As part of the integration process, Atherton's CFO responsibilities were assumed by Turner corporate in February 2013, and Grey stepped down from the CEO position in October 2013. Since Grey's departure, Finocchio has headed Bleacher Report, up until September 2014.[18]

In May 2014, Bleacher Report launched Game of Zones, a parody of HBO's Game of Thrones featuring animated NBA figures.[19]

In September 2014, Bleacher Report named Dorth Raphaely General Manager, taking over for Finocchio, following his departure as CEO.[20]

In 2015, Bleacher Report acquired the popular sports-themed Instagram page House of Highlights.[21][22]

In January 2016, Finocchio returned to Bleacher Report as CEO.[18]

In October 2016, Bleacher Report launched Gridiron Heights, a cartoon web series featuring satirical portrayals of NFL stars and executives.[23]

In February 2017, the company announced that it was laying off over 50 employees, as the site stepped away from its open content model.[24][25]

In July 2017, Bleacher Report announced that it named Howard Mittman as chief revenue officer and chief marketing officer.[26]

In September 2018, Bleacher Report launched the first episode of The Champions, an animated show involving the current Champions League members of that season. There are currently seven seasons of the show.[27]

In February 2019, Turner announced a deal with casino operator Caesars Entertainment Corporation to open a Bleacher Report studio at the Caesars Palace sportsbook, from which the site would produce sports betting-oriented content.[28] Later that month, it named Mittman as CEO, following Finocchio's resignation.[29]

In June 2020, Mittman resigned as CEO of Bleacher Report, following staff concerns regarding a lack of diversity at the company. Lenny Daniels, president of Turner Sports, would take over as CEO.[30]

B/R Live

[edit]

In March 2018, Bleacher Report announced a new internet television service known as B/R Live. The service features original studio programming, as well as live event coverage from Turner properties and other sources, including NBA League Pass, all UEFA Champions League and UEFA Europa League matches, the PGA Championship, NCAA championships, the National Lacrosse League, and The Spring League.[31] B/R Live offers both subscription and per-event pricing, and will also support the NBA's planned microtransaction service to allow users to purchase five-minute look-ins of a live game.[32][33] B/R Live also streams all of the All Elite Wrestling (AEW) pay-per-view events.

On November 23, 2018, the service streamed The Match: Tiger vs. Phil, a match play golf event between Tiger Woods and Phil Mickelson. Meant as a pay-per-view event, the PPV system struggled to keep up with demand, prompting B/R Live to stream the event for free instead, and all buyers being offered refunds.[34][35][36][37]

B/R Live was shut down and merged into the Bleacher Report app in June 2021.[38] In September 2023, Warner Bros. Discovery revisited the concept of a Bleacher Report-branded streaming platform, announcing that it would brand the live sports hub and subscription add-on for Max launching in October 2023.[39]

Reception

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Criticism

[edit]

Early criticism of Bleacher Report stemmed from the network's initial commitment to an open publishing model. Such critiques cited the fact that all registered users on the website were permitted to publish articles on the site, arguing that Bleacher Report's policy resulted in a glut of low-quality content, which made it difficult for the network's readers to find credible coverage of their favorite teams and sports.[40] It was also argued that the model tarnished the reputation of every writer associated with the Bleacher Report brand, which made it difficult for the network's more talented contributors to build loyal audiences,[41] and that it empowered unqualified writers without editorial oversight, which compromised the prestige and credibility of the sports writing profession.[42] SB Nation Senior MMA editor Luke Thomas described it as the "Walmart of Journalism" and its MMA coverage "toothless amateur coverage".[43]

Since abandoning the content farm model in 2010, Bleacher Report has been the subject of continued criticism for its exploitation of unpaid contributors, its blanket policy prohibiting writers from breaking their own news, and its high-volume production of low-quality, search-optimized slideshow content.[44][45] These critiques found their strongest voice to date in an October 2012 SF Weekly article, in which tech columnist and entrepreneur Vivek Wadhwa was quoted accusing Bleacher Report of "dumbing down of the web" with "custom-manufactured garbage."[45] In December 2012, a lampoon article in The Onion played on the same themes.[46] In July 2014, Deadspin published a lengthy narrative written by Tom Schreier, a former Bleacher Report featured columnist.[47] Detailing his journey from hopeful intern to "just one more drone pumping content to get clicked on," in three years, Schreier "wrote over 500 articles, generated nearly three million page views, and received $200 for [his] services."[48]

Response

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Bleacher Report attempted to address the concerns of its early critics by making substantive reforms to its editorial and personnel policies in 2010 and 2011. These reforms were aimed chiefly at the mechanics of Bleacher Report's Writer Program, with emphasis on enhancing quality and credibility by doing the following:

  • Initiating a formal application process for all prospective writers, wherein only the top 20 percent of candidates earn the right to publish on the site.[49][50]
  • Introducing educational resources for new and veteran writers, including the "B/R U" new-media training program.[51]
  • Establishing a paid team of Lead Writers to headline the network's sport-specific writer communities.[52]

Although some detractors likened such changes "to spritzing a little room deodorizer after leaving a steaming deposit in the toilet and failing to flush",[45] apart from a published rebuttal disputing the objectivity and accuracy of the October 2012 SF Weekly article,[53] Bleacher Report has mounted a substantive response to ongoing criticism of its contributor compensation structure, news-breaking policy and search-optimization strategies.[citation needed]

In 2013, Bleacher Report hired Mike Freeman as a columnist from CBSSports.com.[54] The company then brought on National Basketball Association reporter Howard Beck from The New York Times. He was convinced by Bleacher Report that they were on the verge of transforming its website.[55] In addition to Beck becoming their lead NBA writer, Bleacher Report also added Ethan Skolnick from The Palm Beach Post to report on the Miami Heat, Kevin Ding of Orange County Register to cover the Los Angeles Lakers, and Jared Zwerling from ESPN to pen NBA features.[54][56]

Accolades

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Forbes.com called Bleacher Report "one of the leaders" among sports startups "figuring out the digital space" in August 2011, noting the company's success in "providing publishing tools to all sorts of knowledgeable sports fans to report and express what they know."[57] Bleacher Report was also named one of Time magazine's "50 Best Websites of 2011,"[58] and was picked by Adweek readers as 2011's "Best Sports Media Brand."[59]

In 2017, Bleacher Report was named "Hottest in Sports" in Adweek's Annual Hot List.[60] Game of Zones has received Sports Emmy Award nominations in 2015 and 2018[61] and was nominated for Outstanding Digital Innovation at the 2017 Emmy Awards.[62]

Bleacher Report has received a number of Clio Sports Awards:

2015
  • Gold for "MJ All Day"[63]
2018
  • Grand for Game of Zones[64]
  • Silver for "NBA Playoff Battle Royale"[65]
  • Silver for "Up Your Game"[66]
  • Silver for Gridiron Heights[67]

Programming

[edit]
Main article: Turner Sports § Current properties

References

[edit]
  1. ^ Angelova, Kamelia (July 20, 2011). "Bleacher Report CEO: Why Slideshows Are A Good Thing For Readers – SAICast". Business Insider. Retrieved September 18, 2019.
  2. ^ Fidelman, Mark (March 8, 2011). "Why BleacherReport.com Is Killing ESPN.com By Leveraging Social Media". Business Insider. Retrieved September 18, 2019.
  3. ^ "Bleacher Report Arrives on iPad With New Team Stream App". TechCrunch. January 20, 2012. Retrieved September 18, 2019.
  4. ^ Time Warner 2014 10-K, p.87.
  5. ^ Spangler, Todd (March 23, 2018). "Turner Sports Unveils 'Bleacher Report Live' Pay-Streaming Service". Variety.
  6. ^ a b "Company Overview". Bleacherreport.com. January 14, 2010. Retrieved September 18, 2019.
  7. ^ "Advice from a Young Entrepreneur". Menlo School. Archived from the original on August 1, 2009. Retrieved July 17, 2012.
  8. ^ Ostrow, Adam (February 19, 2008). "Bleacher Report Launches Citizen Journalism for Sports; Raises Series A". Mashable.com. Retrieved September 18, 2019.
  9. ^ "Bleacher Report Hunkers Down With $3.5 Million More". TechCrunch. October 28, 2008. Retrieved September 18, 2019.
  10. ^ Shontell, Alyson (September 23, 2011). "The Youngest, Most Successful Tech Founders". Business Insider. Retrieved September 18, 2019.
  11. ^ Lacy, Sarah (December 20, 2010). "Bleacher Report Raises $10.5M; Now Fifth Largest Sports Site". TechCrunch. Retrieved September 18, 2019.
  12. ^ "Bleacher Report Completes $10.5 Million Series C Capital Investment". Business Wire. December 20, 2010. Retrieved September 18, 2019.
  13. ^ Cohen, David (June 17, 2010). "Brian Grey to Punch His Ticket as CEO of The Bleacher Report". Adweek. Retrieved September 18, 2019.
  14. ^ a b Lacy, Sarah (August 24, 2011). "As Football Season Kicks Off, Bleacher Report Raises $22 Million More". TechCrunch. Retrieved September 18, 2019.
  15. ^ Let's hope media outlets remember what "E" in WWE means Michael Bradley, Indiana University (04/07/2015)
  16. ^ a b Lunden, Ingrid (August 6, 2012). "Update: It's Done. Time Warner Buys Bleacher Report, Price Reportedly $175M". TechCrunch. Retrieved September 18, 2019.
  17. ^ Shontell, Alyson (August 12, 2015). "Bleacher Report co-founder and Elite Daily advisor Dave Nemetz raises a seed round to launch a media site for guys, Inverse". Business Insider. Retrieved September 18, 2019.
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  20. ^ Bucholtz, Andrew (January 13, 2016). "Bleacher Report co-founder Dave Finocchio returns as CEO, Rory Brown becomes president". Awful Announcing. Retrieved April 30, 2021.
  21. ^ Davies, Jessica (March 2, 2018). "Bleacher Report's House of Highlights eyes soccer as a new growth area". Digiday. Retrieved September 18, 2019.
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  27. ^ "Bleacher Report pushes football ambitions with new series 'The Champions'". Digiday. September 18, 2018. Retrieved October 25, 2023.
  28. ^ Russ, Hilary (February 7, 2019). "Turner Sports inks deal with Caesars for Bleacher Report betting..." Reuters. Retrieved September 18, 2019.
  29. ^ Spangler, Todd (February 20, 2019). "Bleacher Report Co-Founder Dave Finocchio to Exit This Summer". Variety.com. Retrieved April 30, 2021.
  30. ^ Strauss, Ben (June 25, 2020). "Bleacher Report parts ways with CEO after being pressed by staff about diversity". washingtonpost.com. Retrieved April 30, 2021.
  31. ^ Ourand, John (January 31, 2019). "Alliance Of American Football Signs Deals With Turner, NFL Net". SportsBusiness Daily. Retrieved September 18, 2019.
  32. ^ Spangler, Todd (March 27, 2018). "Turner Sports Unveils 'Bleacher Report Live' Pay-Streaming Service". Variety.
  33. ^ Bupp, Phillip (July 31, 2018). "Turner Sports to broadcast 46 Champions League matches on TNT, offer B/R Live subscription on per match basis". Awful Announcing. Retrieved September 18, 2019.
  34. ^ Speros, Bill (November 23, 2018). "The Match: Viewers get Tiger vs. Phil for free on Bleacher Report Live". USA Today. Retrieved September 18, 2019.
  35. ^ Cunningham, Kevin (November 24, 2018). "Comcast to issue refunds for Tiger vs. Phil match". Golf.com. Retrieved September 18, 2019.
  36. ^ Perez, A.J. (November 23, 2018). "Turner Sports joins others, announces customer refunds after 'The Match' streamed for free". USA Today. Retrieved September 18, 2019.
  37. ^ Cunningham, Kevin (November 27, 2018). "See how many people watched the Tiger vs. Phil match". Golf.com. Retrieved September 18, 2019.
  38. ^ Bupp, Phillip (October 28, 2019). "Turner reportedly plans to fold B/R Live into Bleacher Report app sometime in the next two years". Awful Announcing. Retrieved September 19, 2023.
  39. ^ "Max will start offering a live sports tier in October". The Verge. September 19, 2023. Archived from the original on September 19, 2023. Retrieved September 19, 2023.
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  43. ^ Kyte, E. Spencer (January 26, 2010). "Extending a Challenge to Luke Thomas of Bloody Elbow". Bleacher Report. Retrieved September 18, 2019.
  44. ^ Brown, Larry (August 22, 2011). "Bleacher Report Merely Window Dressing with New Hires". Larry Brown Sports. Retrieved September 18, 2019.
  45. ^ a b c Eskenazi, Joe (October 3, 2012). "Top 5 Ways Bleacher Report Rules the World!". SF Weekly. Archived from the original on October 31, 2019. Retrieved September 18, 2019.
  46. ^ "Furious Bleacher Report Editor Will Make Staff Rank Things All Fucking Night If He Has To". The Onion. December 10, 2012. Retrieved September 18, 2019.
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  48. ^ "From BleacherReport.com, your destination for the latest news on your teams and topics in sports". Bleacher Report. Retrieved September 18, 2019.
  49. ^ Koo, Ben (June 17, 2010). "Big Changes at Bleacher Report". Benkoo.com. Retrieved September 18, 2019.
  50. ^ Bercovici, Jeff (August 22, 2011). "To Pay or Not to Pay? Bleacher Report Finds a Third Way". Forbes. Retrieved September 18, 2019.
  51. ^ Ellis, Justin (August 18, 2011). "Bleacher Report ups its game by taking contributors to school "Nieman Journalism Lab"". Niemanlab.org. Retrieved September 18, 2019.
  52. ^ "Bleacher Report Adds Prominent Bloggers For "Lead Writer Program"". SportsBusiness Daily. August 23, 2011. Retrieved September 18, 2019.
  53. ^ Kaufman, King (October 5, 2010). "The many ways SF Weekly is wrong about Bleacher Report". blog.bleacherreport.com. Retrieved September 18, 2019.
  54. ^ a b Sherman, Ed (September 19, 2013). "Bleacher Report adds Howard Beck; expected to go after more writers with big-money offers". Sherman Report. Retrieved September 18, 2019.
  55. ^ Koblin, John (September 19, 2013). "Why Howard Beck Left The New York Times For Bleacher Report". Deadspin. Retrieved September 18, 2019.
  56. ^ Paulling, Daniel; Stephens, Tim (October 16, 2013). "On the move: Veteran reporter explains why he left the New York Times for Bleacher Report". Associated Press Sports Editors. Retrieved September 18, 2019.
  57. ^ DVorkin, Lewis (August 22, 2011). "Who's Doing It Right? Bleacher Report Turns Knowing Fans into Reporters". Forbes. Retrieved September 18, 2019.
  58. ^ "The 50 Best Websites of 2011". Time. August 16, 2011. Archived from the original on August 17, 2011.
  59. ^ Beltrone, Gabriel (February 20, 2012). "Sports Media and Marketing MVPs". Adweek.
  60. ^ "These 14 Digital Publishers Are the Hottest Voices on the Internet. Here's What They're Doing". Adweek. October 29, 2017.
  61. ^ "The National Academy of Television Arts & Sciences Announces the Nominees for the 36th Annual Sports Emmy® Awards". EmmyOnline. Archived from the original on September 15, 2019. Retrieved September 18, 2019.
  62. ^ Patel, Sahil (April 12, 2018). "Bleacher Report nearly doubles the size of the team behind 'Game of Zones'". Digiday. Retrieved September 18, 2019.
  63. ^ "Bleacher Report MJ All Day". Retrieved September 18, 2019.
  64. ^ "AT&T – Game of Zones". Retrieved September 18, 2019.
  65. ^ "Tissot – Bleacher Report NBA Playoff Battle Royale". Retrieved September 18, 2019.
  66. ^ "Bleacher Report – up Your Game". Retrieved September 18, 2019.
  67. ^ "Bleacher Report – Gridiron Heights". Retrieved September 18, 2019.
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