Great summary! The industry is definitely changing and evolving.
Have you looked at, or point me to, any trends around the impact to participation costs, quality/value of programming, increase/decrease of % of kids playing in programs, demographically changes of participants, etc. since the start of PE investment. Or do you have any thoughts on future trends of these.
I have been saying for a few years now that we are loosing the "competitive" level of youth sports because of the push to have elite travel teams. There is an ecosystem to youth sports and the middle is what really sustains most programs. When you jump from rec to travel you loose the middle and the development and the program will inevitably fail. If more investors and programs focused on this area it would benefit everyone and bring in more revenue.
I have been watching my grandson play on GameChanger (owned by Dick’s Sporting Goods!) for a couple of years now and had no idea about the pervasive investment into youth sports - really good overview. With PE investment, do you see the consolidation of many of the streaming services like other investments - into a larger entity in the near future, or is it so fragmented that this will be difficult?
Great summary! The industry is definitely changing and evolving.
Have you looked at, or point me to, any trends around the impact to participation costs, quality/value of programming, increase/decrease of % of kids playing in programs, demographically changes of participants, etc. since the start of PE investment. Or do you have any thoughts on future trends of these.
Thanks for all your work and insights.
I have been saying for a few years now that we are loosing the "competitive" level of youth sports because of the push to have elite travel teams. There is an ecosystem to youth sports and the middle is what really sustains most programs. When you jump from rec to travel you loose the middle and the development and the program will inevitably fail. If more investors and programs focused on this area it would benefit everyone and bring in more revenue.
I have been watching my grandson play on GameChanger (owned by Dick’s Sporting Goods!) for a couple of years now and had no idea about the pervasive investment into youth sports - really good overview. With PE investment, do you see the consolidation of many of the streaming services like other investments - into a larger entity in the near future, or is it so fragmented that this will be difficult?