Subscription Media
sari and
Subscription Media
Feel like there's a massive opportunity to buy ad-supported media brands at a discount right now and convert to subs
Falling CPMs drops valuation, but if they have brand equity can convert a % to subs. then buy ads at that low CPM (which wouldn't work as a straight arb play)
adam keeslingtwitter.comCommentary: Are you willing to pay for news? The future of journalism may depend on it
Brett Sherrickfortune.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.
