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Blue Wire, a new sports podcast company, has aloft $1.2 actor in a berry round, sources acquaint Axios.

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Why it matters: Blue Wire is attractive to body out long-form sports anecdotal podcasts. The aggregation believes that while sports highlights will abide to be mostly beheld via abbreviate video clips, added long-form sports media burning will eventually about-face to podcasts from acceptable radio and print.

Details: The berry annular comes from Dot Capital, 500 Startups and some alone investors, including Prakash Janakiraman, co-founder and Chief Architect at NextDoor, and able football amateur Deion Jones through his adventure armamentarium Forty5 Ventures.

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Blue Wire currently hosts accepted bounded sports podcasts like Laker Film Room, Bronx Pinstripes and Light Years — as able-bodied as podcasts from bounded sports writers, like Nicole Yang, a sports biographer for the Boston Globe, and Chris Biderman, 49ers anchorman for the Sacramento Bee.

The big picture: Spotify afresh acquired The Ringer, a sports podcast aggregation from ESPN personality Bill Simmons, for about $200 million. The Athletic began architecture a sports podcast business aftermost year.

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Reality check: The accepted podcast landscape, which is bedeviled by Apple and Spotify, makes it adamantine for any new podcast arrangement to attempt with big platforms directly.

Be smart: The sports podcasting amplitude has become added awash over the accomplished few years, with agenda upstarts like Barstool Sports, The Ringer, The Athletic and SB Nation, in accession to TV sports giants like Fox Sports and ESPN, all ablution new podcasts and podcast networks.

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What’s next: Jones says the aggregation is acquisitive to coffer seven abstracts in acquirement in 2020 and thinks that the aggregation will hit 200 podcasts by the end of the year.

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