- The “dumb money era” is over for podcasting companies like Tom Brady and Michael Strahan’s Religion of Sports, according to the New York Times.
- Founded by Brady, Strahan, and Gotham Chopra in 2018, Religion of Sports came out of the gate fast with six new shows. But the company recently did an about-face, laying off podcast employees and shuttering its audio division.
- Like other podcasters, the company was battered by an economic recession and weakening ad market.
