Today’s flourishing podcasting market is evidence that we can have a diverse and financially viable media market. We just have to stop gatekeeping in our markets for speech, prevent vertical integration, end the inappropriate use of other people’s data to let a middleman like Spotify inappropriately monetize art it didn’t create, and retain open st... See more
social interaction in any medium is always a balance between self-expression and the accommodation of others, which means that in the analog world it is a constant struggle to strike a balance between being myself and annoying everyone around me at some point or another. The magic of the Internet, though, is that you can be whatever you want to be
The last time Amazon was worth $34 billion was in September 2007! Amazon's net revenues that year were $14 billion, with $3.4 billion of gross profit. While most of Amazon's volume at the time was first-party e-commerce, its marketplace business constituted nearly 30% of unit (not dollar) sales. Based on recent filings with more business unit granu... See more
However, when you look inside at the actual cashflows of the creator’s business, the business may be more financeable than when viewed from the outside with blunt metrics and heuristics.
In 2019, we saw the streaming wars between Twitch, YouTube, Facebook, and Mixer heat up for individual creators. I expect there to be a shift in strategy towards structuring deals around leagues, tournaments, and teams.