Episode 24: Why Fans Deserve Ownership: How Web3 Fixes Broken Sports Media
Podcast:Old Men, New Money®: Bitcoin, Blockchain & Tokenization Published On: Tue Dec 09 2025 Description: The Future of Sports and Entertainment: Decentralized Ownership and the Role of Web3In this episode of Old Men New Money, Phil Larmon discusses the systemic issues plaguing the sports and entertainment distribution models. He argues that the current system is fundamentally broken due to the disappearance of scarcity, leading to economic collapse and fragmentation in media consumption. Phil breaks down how Web3 technology can solve these problems by introducing scalable ownership models, decentralized content creation, and peer-to-peer betting. He explains how tokenized media distribution can align the interests of fans, creators, athletes, and leagues, making them stakeholders rather than mere consumers. The episode concludes with a look at how this shift will permanently change the economics of sports and entertainment.00:00 Introduction: The Broken Distribution Model01:43 The Collapse of Scarcity in Media03:06 The Rise of Fan Ownership04:52 Web3: The Future of Media Distribution05:59 The Streaming Dilemma07:43 Tokenized Media and Fan Engagement12:07 Decentralized Betting and the Future of Sports13:11 The Inevitable Shift to Tokenized Media17:12 Conclusion: Rewriting the Economics of Entertainment Get full access to Bitcoin, Blockchain and Tokenization at oldmennewmoney.substack.com/subscribe