Subscription Media
sari and
Subscription Media
A theme over the past 12 months was that media companies like NYT were dead because Substack would steal all the best people.
Now people are shutting down their Substacks to become employees at The New York Times?
It's almost like brand matters.
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Jarrod Dicker
slideshare.net
Web2 content pricing is so broken: a subscription to 70 million songs costs the same amount as a subscription to one newsletter.
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NICKLpass
nicklpass.com
A week ago, OnlyFans posted that they had paid out $700M to creators lifetime to date. Now the headline image says $725M. At a 20% take rate and with the approx timeline, thats ≈$800m-1.5B GMV run rate and $150-300M revenue run rate. This is a billion dollar media company.