I think Substack did a lot to pioneer the subscription model of newsletters. But I think those two models (ads or subscription) leave a lot of writers still without a great business model.
We’re now sobering up to this awareness: the value of content. Entertaining, enlightening, and informing people is a valuable economic activity. This change in the zeitgeist broke this assumption that creative and quality content will flow into platforms without real incentives. We’re moving quickly from a world of free content to a world of paid c... See more
People like to talk about how media needs new business models. The business models are perfectly fine. People will either pay for the content themselves or their attention will be monetized with advertising. Those are fundamentally good business models.
Ek: “It used to be before that if you were a musician, you just put out music. But almost every successful creator now is omni- talented and omni-channel. That means that they are on YouTube putting up videos. They are on Instagram. They are perhaps putting together brands and putting it on Shopify, but they're also putting out music and merchandis... See more
Andy Bromberg: The wisdom of crowds is giving way to the “wisdom of communities.” In a world of ever-greater complexity, no one person can possibly make sense of all the signals and all the noise — from a single, static vantage point. A networked group is required to adapt to this new world... People are no longer being polled in isolation but rath... See more