sari

The whole music industry is something like $20B. Compare it to video games, a $140B market, and you see the discrepancy. Fortnite alone makes $3B a year, and most of it is profit. Same with League of Legends — they make $2B a year, mainly selling virtual goods.

4. Creator interdependence and solidarity: Going forward, my hope is that we can build platforms and mechanisms that incentivize mutual support between creators, where one creator’s success does not come at the expense of another’s.

The Airbnb backstory is also a great reminder of how an edge in UX can be *the* thing that catapults a startup from challenger company to world-changing business

Beyond creation, there are exciting innovations for fan engagement and content monetization. Audio has been notoriously under-monetized relative to other forms of media. So far, we’ve seen products like Glow, which offers a way to distribute and monetize premium podcast content.

Still, it’s incorrect and counterproductive to characterize Wikipedia as a bastion of algorithm-free people power. In a 2019 op-ed, Katherine Maher cautioned against empty Web 1.0 nostalgia and underscored the important role that artificial intelligence plays in spotting potential vandalism and directing editors to pages that might need evaluation.

Do you know one of the biggest contributors to subscription churn? People not actually reading the publication they pay for; aka, not having their attention.