Peter Hagen

For a person such as Hannah, it's far more valuable to get a few thousand people to pay her $4.99 directly than to have a shared model where she merely gets a few cents per thousand views.

It's far more valuable to 'get picked', but it's also much, much harder.

But this is the reality of the 'young creators' today. They are not talking about a... See more

We send people away for years, tell them exactly what to do every day and they get to make exacrly one choice every day: do you obey or not? That's the only choice you get to make. Then, after 3, 5, 10 years, we send them out into society and tell them, "Make better choices." But we haven't prepared them for that at all. We have given them almost... See more

There’s a concept in ecology of ‘niche creation.’ And the idea is: it’s not the case that a species will sort of come along and go, ‘oh, I could do well here, there’s lots of food,’ and things like that. A species comes along and just does his thing, and by acting in the world, he sort of creates the very environment he needs to survive.

It was when

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I have seen no reliable studies that look at just how much of Facebook's engagement is actually going to traditional newspapers, but it's probably much lower than what we think. So, let's assume that 2% of Facebook's total activity in the US goes to newspapers in a comparable way to how we would define it in the past.

Now we are down to $300 million... See more

The new business terms for iOS apps in the EU have three elements:

Reduced commission — iOS apps on the App Store will pay a reduced commission of either 10 percent (for the vast majority of developers, and subscriptions following their first year) or 17 percent on transactions for digital goods and services.

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