Tuesday, September 25, 2018

Tom's Final Month of Doing a Live Show

At least for now.

Tom Leykis announced on today's show that his last live audio show will be Thursday, October 25, 2018. He has been saying all year that this day was coming.

What he plans to do is keep his library of shows available for paid subscribers only and to do some new content via podcasts, starting October 29, only for paid subscribers.

He mentioned that he's had to cancel (or postpone) two of his dinner events due to a "minor medical issue" and his dinners were what was keeping the business profitable this year. (Haven't heard him mention the 1,900 subscriber mark lately.) He doesn't want to operate in the red, and doing the live show costs approximately half of a million dollars per year, so he's ending the live show. A podcast should cost less to produce, but he insists it will still have a high cost compared to many other podcasts because he wants the quality to be high.

So, with six straight years of profitably, he's calling it a day and making a change.

Of course, there is always the possibility that some company will offer to pay him enough that he'll take them up on the offer. SiriusXM had enough money to buy Pandora, or so it seems. I can't see him doing that unless the deal is very lucrative and/or he is given nearly total control over the show.

As of this writing, his book is still listed on Amazon as being released October 15, which is about three weeks away, even though there is no cover art and minimal information shown.

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