LOS ANGELES, CA – Blue Wire, an innovative media production and distribution network empowering independent podcasters, has secured a growth funding investment from Decathlon Capital Partners. This strategic capital injection will fuel Blue Wire’s ambitious expansion plans within the burgeoning podcasting industry.
Headquartered in Los Angeles, California, Blue Wire is poised to leverage this funding from Decathlon Capital Partners to enhance its platform, broaden its content portfolio, and develop a cutting-edge technology dashboard specifically designed for its podcasters. The specifics of the revenue-based investment were not disclosed, but the partnership signifies a strong vote of confidence in Blue Wire’s vision and growth trajectory.
Blue Wire has rapidly established itself as a significant player in the sports media landscape. Boasting a network of over 300 podcasts and generating 11 million monthly downloads, the company provides a direct avenue for fans to connect with their favorite sports and teams, bypassing traditional media gatekeepers. This approach resonates deeply with modern audiences seeking authentic and specialized content.
Kevin Jones, Founder and Chief Executive Officer of Blue Wire, attributes the company’s success to its core values of authenticity and dedication. “Consumption habits are evolving, and we’ve effectively identified and amplified emerging voices in sports that connect with audiences,” Jones stated. “Podcasting’s ongoing disruption of traditional media is undeniable, and we are thrilled to collaborate with Decathlon Capital Partners to propel our aspirations.” This partnership with Decathlon Capital Partners is set to accelerate Blue Wire’s mission to empower content creators and reshape sports media consumption.
Joseph R. Saviano, Chief Financial Officer at Blue Wire, highlighted the company’s successful transition to profitability as a key factor in securing this non-dilutive capital. This funding structure, provided by Decathlon Capital Partners, allows Blue Wire to maintain company control while strategically expanding its offerings. “The adaptable nature of this funding enabled us to convert noteholders to equityholders and expand our offerings, illustrating the numerous reasons why we are enthusiastic about our collaboration with Decathlon Capital Partners,” Saviano explained.
John Borchers, Managing Director at Decathlon Capital Partners, emphasized Blue Wire’s unique approach to fostering both emerging social media talent and established professional athletes in the podcasting space as a key differentiator. “Blue Wire is injecting fresh energy into the podcasting arena, and Decathlon Capital Partners is proud to champion what we believe will be substantial growth,” Borchers commented. Decathlon Capital Partners’ investment underscores their strategic focus on supporting innovative companies poised for significant market impact.
About Blue Wire
Blue Wire is a dynamic sports and entertainment podcasting network that champions the next wave of journalists, influencers, athletes, and passionate fans. Committed to fostering financial and creative independence for its hosts, Blue Wire provides a supportive community and facilitates sponsorship opportunities. Their impressive roster includes popular shows like “It Is What It Is with Cam’ron & Mase,” “Green Light with Chris Long,” “Stay Hot,” and “Road Trippin,” alongside regional favorites such as “Bronx Pinstripes,” “Light Years,” and “Pack-A-Day.” Discover more at https://www.bluewirepods.com/.
About Decathlon Capital Partners
Decathlon Capital Partners specializes in providing growth capital to companies seeking alternatives to traditional equity financing. Utilizing customized revenue-based financing solutions, Decathlon offers long-term growth capital without the typical dilution, control relinquishment, and operational burdens associated with equity-based funding. With offices in Palo Alto and Park City, Decathlon Capital Partners is recognized as the leading revenue-based funding investor in the U.S., actively investing across a diverse range of industries. Learn more at www.decathloncapital.com.
