Just one week before Christmas, the ALLCITY Network made several cuts to its staff across the United States. The ALLCITY Network covered five cities, Denver, Phoenix, Chicago, Philadelphia, and Dallas, for the major sports teams located in those cities.
ACN CEO Brandon Spano addressed the layoffs in a message on X today stating, “We were forced to make some really tough decisions.”
In a conversation with Awful Announcing, Spano indicated that the company has not been making a profit. “At the end of the day, I think we’re coming to a point where the shows have to be profitable.”
Just a few months ago, ACN announced that it was one of the country’s fastest-growing sports media startups and it received $12 million in funding. In August of this year, along with the new funding, ACN started its fifth market, Dallas.
After the news today, it seems that ACN will be keeping the coverage for all the teams in the five cities they currently cover, but a restructuring is in play. Instead of a half-dozen or so covering each team daily, the coverage is going to move to “a smarter mix of daily shows, short-form content, and tentpole coverage.”
Many who heard the news criticized ALLCITY Network and its leadership for the layoffs before Christmas. CEO Spano replied to these criticisms, stating, “Everyone is paid through January at the least, including health care, PTO, etc. There is nobody financially over the holidays by this.”
