DGPT Acquires JomezPro in Major Media Consolidation
, 2023-05-02 11:01:12,
The Jomez YouTube channel will continue to operate normally
May 2, 2023 by Charlie Eisenhood in News with comments
After years of partnering together, the Disc Golf Pro Tour has fully acquired JomezPro, the YouTube channel, and the company’s brand and other intellectual property, bringing the sport’s biggest post-production media company under the same roof as its biggest livestreaming service, Disc Golf Network.
JomezPro founder Jonathan Gomez will become a DGPT employee and oversee the creative direction of the channel, which will continue to operate as it does today, with free same-day or next-day post-produced coverage of DGPT events and select majors.
“As we’ve grown alongside the Disc Golf Pro Tour, you can see that they have put a lot of work into the administrative side of things, the operational side of things, and it finally just came time for us to say, ‘Look, we have the same vision, we have the same goals, and for us to be successful, I think it makes the most sense to start entertaining the idea of possibly combining our efforts so that we can all play to our strengths,’” said Gomez in an interview with The Upshot podcast.
DGPT CEO Jeff Spring said that there are no plans to restrict JomezPro’s YouTube coverage now or in the future. “It became clear that the Disc Golf Pro Tour could support the growth and development of JomezPro through our resources, through providing recapitalization, and that’s where we’re at now is that we’re assessing what we’re going to be able to do more of,” he said. “And I think in terms of the future — we’re one team pretty much behind the scenes now — so we don’t have necessarily like a contract for the future. We know that over the course of the next three years, for the foreseeable future, what we can anticipate is things will stay the same.”
Just over a year ago, JomezPro announced a bold new deal with the DGPT, agreeing to pay $250,000 a year for two years of MPO Lead Card coverage rights. Sources tell Ultiworld Disc Golf that the rights fee was never paid as JomezPro faced financial trouble after seeing a drop in revenue during the 2022 season; Gomez said that rather than seeing e-commerce sales, a major component of Jomez’s income, plateau, something they had long expected especially after the huge increase in demand in 2021,”it was like a cliff, just…
,
To read the original article from discgolf.ultiworld.com, Click here