Facebook with Latestnigeriannews  Twieet with latestnigeriannews  RSS Page Feed
Home  |  All Headlines  |  Punch  |  Thisday  |  Daily Sun  |  Vanguard   |  Guardian  |  The Nation  |  Daily Times  |  Daily Trust  |  Daily Independent
World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  More Channels...

Viewing Mode:

Archive:

  1.     Tool Tips    
  2.    Collapsible   
  3.    Collapsed     
Click to view all Entertainment headlines today

Click to view all Sports headlines today

Barstool Sports' CEO details the brand's TikTok strategy that has made the app its top source of new audience growth

Published by Business Insider on Tue, 26 Jan 2021


<p><img src="https://static1.businessinsider.com/image/600f0bc6cf23090019e97236-833/Erika Horizontal 2 (3).jpg" border="0" alt="Erika Nardini - Barstool Sports CEO" data-mce-source="Barstool Sports." data-mce-caption="Erika Nardini, CEO of Barstool Sports."></p><p></p><bi-shortcode id="summary-shortcode" data-type="summary-shortcode" class="mceNonEditable" contenteditable="false">Summary List Placement</bi-shortcode><p>The media brand Barstool Sports has regularly reinvented itself during its nearly two-decade existence.</p><p>It started as a handout newspaper for Boston sports fans, fantasy football players, and gamblers. After going digital, it expanded heavily into podcasting, social media, and more recently <a href="https://play.google.com/store/apps/details'id=com.barstoolsports.onebite&amp;hl=en_US&amp;gl=US">pizza</a> and <a href="https://www.phillymag.com/news/2021/01/23/barstool-sports-dave-portnoy-philadelphia/">gambling (again)</a>. And now it's betting on TikTok.</p><p>"45% of our new audience growth in 2020 was from TikTok," CEO Erika Nardini told Insider.</p><p>Nardini said Barstool has dedicated employees who "spend all day thinking about TikTok." And the company is eyeing the short-form video app when it's considering where to hire new on-air talent.&nbsp;</p><p>"I want to find personalities who are interesting and who out of their own propulsion have been able to create followings on TikTok," Nardini said.&nbsp;</p><p>Among its media peers, Barstool's presence on the app is enviable. The company has over <a href="https://www.tiktok.com/@barstoolsports'">12 million followers</a> on its main TikTok account and millions of people following the accounts of its <a href="https://www.tiktok.com/@stoolpresidente'">on-air personalities</a> and <a href="https://www.tiktok.com/@callherdaddy'lang=en">podcasts</a>. It's also integrated TikTok into its podcast strategy, teaming up its founder Dave Portnoy, 43, with an 18-year-old TikTok star named Josh Richards for a weekly show called "BFFs."</p><p>On the show, the pair talk about internet culture and TikTok drama, some of which involves Richards and members of his TikTok collective, the <a href="https://www.businessinsider.com/tiktok-rival-triller-recruits-sway-influencers-for-content-houses-2020-8">Sway House</a> (a group started by the TikTok talent agency <a href="https://www.businessinsider.com/inside-tiktok-talent-agency-manager-for-influencers-talentx-2020-1">TalentX Entertainment</a> where Richards is a founding partner). Portnoy first visited the Sway House in October to <a href="https://www.tiktok.com/@stoolpresidente/video/6880238314687909126'is_copy_url=1&amp;is_from_webapp=v1">lift weights</a> alongside Richards and Sway members Bryce Hall and Blake Grey.</p><p>The duo may seem like an odd match on the surface.</p><p>"There's 20 years difference in age," Nardini said. "There's a difference in where they live on the internet [and] what they're interested in."</p><p>But the cohosts have some in common. Both are internet stars and <a href="https://www.businessinsider.com/why-founders-sign-venture-deals-with-tiktok-stars-sway-boys-2020-11">entrepreneurs</a>. And both have risen to prominence by navigating controversy in order to grow even more famous. In Portnoy's case, the media exec has had to <a href="https://www.businessinsider.com/barstool-sports-dave-portnoy-responds-to-accusations-of-toxicity-and-misogyny-2018-12">respond to</a> criticisms around <a href="https://www.thedailybeast.com/inside-barstool-sports-culture-of-online-hate-they-treat-sexual-harassment-and-cyberbullying-as-a-game">online bullying</a> and the use of <a href="https://variety.com/2020/digital/news/barstool-sports-dave-portnoy-racist-language-videos-1234693013/">racist language</a> in his videos. Richards and the Sway Boys have drawn the ire of the media (and <a href="https://www.insider.com/bryce-hall-power-shut-off-sway-house-party-blake-gray-2020-8#:~:text=Los%20Angeles%20Mayor%20Eric%20Garcetti,House%20%E2%80%94%20live%20and%20create%20content.">the city of LA</a>) for <a href="https://www.nytimes.com/2020/06/08/style/sway-house-neighbors-tiktok.html">throwing parties</a> during the pandemic, a storyline that has similarly helped the group gain attention online.</p><p>In the third episode of "BFFs," the pair chatted briefly about how all media attentioneven negative storiescan be beneficial for social-media stars.</p><p>"Usually we're like, 'Media, press, let's f-ing run it,'" Richards told Portnoy.</p><p><img src="https://static2.businessinsider.com/image/5f8899eed260780019341a80-1530/IMG_1563.JPG" border="0" alt="Dave Portnoy and Josh Richards" data-mce-source="Josh Richards/Barstool Sports." data-mce-caption="Josh Richards of Sway LA and Dave Portnoy of Barstool Sports."></p><h2>Why a podcast that blends Barstool Sports and Sway House works</h2><p>The parallels between the Sway House and Barstool Sports aren't lost on Nardini.&nbsp;&nbsp;</p><p>"Barstool is kind of the company version of the Sway House," she said. "You're creating storylines. You're developing personalities. You're creating a common place where things can happen and chemistry can occur. You're creating a lifestyle. And we've done that at Barstool Sports."</p><p>"Do I think that it helps them that they're viewed as somewhat controversial' Absolutely," she added. "Do I think that TalentX is trying to create an alchemy that breeds stars' 100%. Are they going to try to productize that and monetize it the same way we do' Definitely."</p><p>Members of TalentX and Sway House have already made moves to monetize their brand in ways that mirror some of Barstool's strategies. They sell merchandise. They launched their own <a href="https://www.tubefilter.com/2020/07/28/tiktok-josh-richards-bryce-hall-ani-energy/">energy drink brand</a> in July. And the group did a broader podcast push late last year, launching three other shows alongside "BFFs."</p><p>"I'm a little bit of a shock seeker and a lot of the guys are too," Michael Gruen, VP of talent at&nbsp;TalentX Entertainment, <a href="https://www.businessinsider.com/inside-talentx-podcast-strategy-tiktok-group-sway-la-2020-10">told Insider</a> in October. "I'm more excited about making these interesting pairings. Breaking the internet. Making people go, 'What the hell''"</p><p><strong><em>Read more: </em></strong><em><a href="https://www.businessinsider.com/inside-talentx-podcast-strategy-tiktok-group-sway-la-2020-10">Inside the podcast push of TikTok group Sway LA, who've launched 4 shows in Apple's top 100 as they aim to shock fans and detractors</a></em></p><p>With the launch of "BFFs," both Portnoy and Richards are able to reach new audiences and age groups that would have been difficult to acquire on their own.</p><p>And the ability to reach new usersrather than make money off of themis what's most appealing about TikTok to Barstool in the short term, Nardini said.&nbsp;</p><p>"TikTok doesn't have to bear the pressure of monetization," she said. "I'm more interested in TikTok on creating content that people like there that works there and then finding ways when we do monetize that it's accretive to the experience."</p><p>As with other media companies like <a href="https://www.insider.com/the-washington-post-tiktok-account-has-a-surprisingly-popular-2019-6" data-analytics-module="body_link" data-analytics-post-depth="40">The Washington Post</a>, <a href="https://www.businessinsider.com/tiktok-media-strategy-music-employee-personality-production-trends-2020-4" data-analytics-module="body_link" data-analytics-post-depth="40">The Infatuation</a>, and <a href="https://www.businessinsider.com/whistle-brother-brand-tries-to-replicated-snapchat-success-on-tiktok-2020-7">Brother</a> that have built followings on TikTok, Barstool has focused on personality-driven videos and leaning into existing TikTok trends.</p><p><strong><em>Read more: </em></strong><em><a href="https://www.businessinsider.com/tiktok-media-strategy-music-employee-personality-production-trends-2020-4">A media company explains how it's gotten attention on TikTok with music, employee personalities, and lo-fi production</a></em></p><p>"You've got to study the platform," Nardini said. "If you look at a more traditional company or a legacy company or a league, they think about it the opposite way. They're like, 'What do we have rights to and how can we cut this thing up and put this thing in all the places that we can'' They start by looking at themselves, and we start by looking at the platform."</p><p>And while TikTok is a focus area for Barstool this year, the companywhich has long prided itself on its ability to adapt to the changing tastes of the internetis also eyeing another up-and-coming social app: OnlyFans.</p><p>"They've created a phenomenon," Nardini said of OnlyFans, a subscription content and messaging platform that has <a href="https://www.businessinsider.com/some-influencers-have-ghostwriters-to-respond-to-onlyfan-messages-2020-12">recently taken off</a> in the influencer world after gaining popularity among sex workers. "A subscription-based phenomenon that is very smart. They will move out of the sex category or bikini photo category, so I think they're one to watch. We're thinking about them a lot."</p><p><strong><em>Read more: </em></strong><em><a href="https://www.businessinsider.com/how-text-messaging-helps-influencers-media-brands-reach-fans-customers-2021-1">A wave of startups is betting that text messaging will surge as a way for influencers, media companies, and brands to reach fansand make money</a></em></p><p><a href="https://www.businessinsider.com/barstools-ceo-on-tiktok-strategy-sway-house-onlyfans-2021-1#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="https://www.businessinsider.com/electric-planes-future-of-aviation-problems-regulations-2020-3">Why electric planes haven't taken off yet</a></p>
Click here to read full news..

All Channels Nigerian Dailies: Punch  |  Vanguard   |  The Nation  |  Thisday  |  Daily Sun  |  Guardian  |  Daily Times  |  Daily Trust  |  Daily Independent  |   The Herald  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  New Telegraph  |  Peoples Daily  |  Blueprint  |  Nigerian Pilot  |  Sahara Reporters  |  Premium Times  |  The Cable  |  PM News  |  APO Africa Newsroom

Categories Today: World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Columns  |  All Headlines Today

Entertainment (Local): Linda Ikeji  |  Bella Naija  |  Tori  |  Daily News 24  |  Pulse  |  The NET  |  DailyPost  |  Information Nigeria  |  Gistlover  |  Lailas Blog  |  Miss Petite  |  Olufamous  |  Stella Dimoko Korkus Blog  |  Ynaija  |  All Entertainment News Today

Entertainment (World): TMZ  |  Daily Mail  |  Huffington Post

Sports: Goal  |  African Football  |  Bleacher Report  |  FTBpro  |  Softfootball  |  Kickoff  |  All Sports Headlines Today

Business & Finance: Nairametrics  |  Nigerian Tenders  |  Business Insider  |  Forbes  |  Entrepreneur  |  The Economist  |  BusinessTech  |  Financial Watch  |  BusinessDay  |  All Business News Headlines Today

Technology (Local): Techpoint  |  TechMoran  |  TechCity  |  Innovation Village  |  IT News Africa  |  Technology Times  |  Technext  |  Techcabal  |  All Technology News Headlines Today

Technology (World): Techcrunch  |  Techmeme  |  Slashdot  |  Wired  |  Hackers News  |  Engadget  |  Pocket Lint  |  The Verge

International Networks:   |  CNN  |  BBC  |  Al Jazeera  |  Yahoo

Forum:   |  Nairaland  |  Naij

Other Links: Home   |  Nigerian Jobs