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Twilight of the Media Elites
“A subscription business model leads towards being a paper for a particular group and a particular audience and not for the broadest public,” Peretti said. He’s alluding, in part, to the theory that the Times’s subscriber base wants to read a certain kind of news and opinion — middle/left of center, critical of Donald Trump, etc. — and that strayin... See more
Vox • BuzzFeed’s Jonah Peretti on why he bought HuffPost and why the New York Times can’t be "the paper of record"
Traditional business models no longer work in the internet age because they’re dependent on monetizing access to content (production) or selling ad space (distribution). The business of internet-native media shouldn’t be primarily concerned with either of those things. People must pay to support a specific POV – a subculture.
This is what we call lu... See more
This is what we call lu... See more
Luxury Media
From the moment technology allowed us to know which kinds of content influenced viewership the most, the old business model of the news industry was dead media walking. From that point through today, the business model of the press changed from presenting information to manipulating brains.
Scott Adams • Loserthink: How Untrained Brains Are Ruining America
