Harvard, a Media Company | The Generalist

The New York Times will triumph financially, dramatically so, and utterly fail as an intellectual institution, at least by its former standards. The editorial branding will be august pronouncements about ‘the paper of record’, but the business model is pure Netflix: All The News Fit To Binge.

“We’re living in a world right now where journalism is seen as not a good way to make money. I predict that, by the end of the decade, they’ll be hundreds of journalists making millions of dollars per year.” – David Perell

If the future role of a media company mimics that of record labels, then we start to see a significant shift from these institutions to attribute more of their value as operators and begin to diversify their business of being just a brand.