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Despite skepticism, gaming is big & rapidly growing: $152bn and ~10% CAGR. Netflix said “We compete with (and lose to) Fortnite more than HBO”. Very few business models work in gaming other than simply building successful games: most of the money in the industry stays with the game developers/publishers and the major gaming/streaming platforms.

NFX • What VCs Don't See: Why We're Bullish on Gaming Startups

AAMAAT are operating and executing in their interest, based on architectural decisions that were made a while ago and on the choices we made as users, supporting the attention-based business models. Free isn’t turning out to be without costs.

John Borthwick • Building bicycles for our minds

The New Media Goliaths | NOEMA

Renée DiResta noemamag.com

Getting the console into the hands of many people increased the demand for the games it could play. Moreover, it made buying a console less risky for households, who had no good way of knowing how valuable the console would be until they saw the games produced for it. The game-console company, which was in the best position to forecast the quality

David S. Evans • Invisible Engines: How Software Platforms Drive Innovation and Transform Industries

For Kate Eichhorn, a media historian and a professor at the New School, content is digital material that “may circulate solely for the purpose of circulating”

Kyle Chayka • How the Internet Turned Us Into Content Machines

Software platforms make services available through APIs. Developers benefit from these because they avoid having to write some of their own code. Users benefit from a greater variety of and lower prices for applications. The economics of multisided platforms provides a set of tools for understanding the past, present, and future of software platfor

David S. Evans • Invisible Engines: How Software Platforms Drive Innovation and Transform Industries

“Digital content has been demonetized: music is free, writing is free, video is free, even images you put up on Facebook or Instagram are free, because people can (and do) just take them. Everyone is not an artist. Making art takes years of dedication, and that requires a means of support. If things don’t change, a lot of art will cease to be susta... See more

Tim Maughan • Platforms, Creative Communities, and the Need for a Radical Reimagining - The Reboot

While musicians faced an existential crisis during a pandemic, Spotify CEO Daniel Ek’s ownership stake in Spotify climbed to be worth over $4 billion. In order to earn $4 billion, a musician earning the median wage of $25,000 would have to work for 160,000 years – in other words, they’d have to have started working before human history began.

Austin Robey • Ways to improve the ownership economy — Mirror

Loot is a viral social network that looks like nothing you've ever seen

Casey Newton platformer.news