![]() ![]() “People say that making money in the content-media game is hard, and that is just, like, not my experience. We’re making money hand over fist!’” Lovett said. He joked that prospective investors are “way, way too eager” about giving them seed money. seed money? I don’t know the venture fund terms,” Lovett added. “I just feel like the podcast is like our. “We’re not going to pay ourselves any money, but we’re going to use the revenue from ads to invest in the business and try to hire a great team and get an office space,” Vietor said. “Explaining that to someone if you’re part of a broader organization would be difficult.”Ĭrooked Media is not raising money from outside investors, the trio noted. “We want to do stuff with this company that will have a political benefit, that might not have any financial benefit,” Vietor added. And I said to Bill right after the election, ‘We want to start our own thing because we want to not just be partisan, but also activists, and I don’t think you want all this activism under the banner of The Ringer.’ He was like, ‘Yeah, I totally understand.’” ![]() “They were paying us enough for what was a part-time hobby,” he said. And Favreau, who is moving to Los Angeles for Crooked Media, said the group’s ambitions have changed dramatically since November. The hosts said their openly liberal podcast - originally called “Keepin’ It 1600” - couldn’t have lasted forever at The Ringer, which covers everything from sports to tech. In just a few minutes: Kara Swisher will be live from SXSW with the co-founders of Crooked Media and hosts of popular podcasts Pod Save America and Pod Save the World: Jon Favreau, Jon Lovitt and Tommy Vietor.Posted by Recode on Tuesday, March 14, 2017 Kara Swisher live from SXSW with the founders of Crooked Media ![]()
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