The TikTok reality TV series invading the sidewalks of NYC
The TikTok reality TV series invading the sidewalks of NYCPLUS: Some of the best journalists on YouTube are former Vox employees.Welcome! I'm Simon Owens and this is my media industry newsletter. If you've received it, then you either subscribed or someone forwarded it to you. If you fit into the latter camp and want to subscribe, then you can click on this handy little button: Let’s jump into it… Quick hitsA media entrepreneur in NYC has taken many of the styles and formats of reality TV and transferred them to TikTok. He's responsible for many of the "man on the street" series that have come to dominate the For You page. [Gothamist] Ted Williams, who launched a Charlotte local news site and sold it to Axios for millions of dollars, posted an open letter saying he wants to buy the Charlotte Observer for $5 million. What's most fascinating is he provides a playbook for how he can drastically increase digital subscriptions while transitioning the print product to a once-a-week Sunday edition. [Tiny Money] Forbes dominates Google search results for highly-lucrative search terms. This piece questions whether it actually has the expertise to deserve such rankings: "Does anybody think Forbes is the best authority on pet insurance, CBD gummies, and cockroach infestations? I sure as fuck don’t." [Lars Lofgren] "Hot Ones has grown into one of the most popular talk shows in the world and turned [Sean] Evans into the David Letterman of Generation YouTube. Publicists compete, lie and cajole for a chance to book their clients on the show, which has helped First We Feast generate about $30 million in revenue and $10 million in profit." [Bloomberg] Adrian Wojnarowski's influence within sports was enormous, hence why his retirement announcement sent shockwaves through the industry: "In many ways, Woj set the gold standard for breaking news in the Twitter era, the kind of reporter for whom people set push notifications." [Puck] For the first time since he became an election forecaster, Nate Silver put his presidential forecast behind a paywall, and he says he's surprised by how well it converted people into paid subscribers. [Silver Bulletin] FROM THE ARTICLE: "I never expected the sort of traffic or subscriptions that we’ve wound up getting at Silver Bulletin. We’re the #3 Substack in our category and probably pretty close to that in the overall Substack ecosystem since I’m reliably informed that our category ('U.S. Politics') is by far the biggest category. Without getting into specifics, I’ve never been so widely read, and the conversion from drive-by readers to paid subscriptions has gone well, too." A huge number of YouTubers host their communities on Discord, so it makes sense that the platform launched a Discord competitor. [The Verge] How Project Brazen builds huge audiences for its narrative podcastsYou may have noticed recently that most of the podcasts generating multi-million dollar paydays are chat shows centered around star hosts. Meanwhile, many of the major platforms and media outlets have pulled back their investments in narrative podcasts, mostly because they’re expensive to produce and more difficult to monetize. But at least one company remains committed to narrative shows: Project Brazen. Founded by two former Wall Street Journal reporters, the startup operates almost like a movie studio in how it produces shows, and it’s launched several narrative series that went on to top the podcast download charts. In a recent interview, co-founder Bradley Hope walked through every aspect of its marketing strategy, including Project Brazen’s pre-launch checklist, its approach to public relations, and how it leverages its own growing network to boost a new show:
More quick hitsMany sites that made big bets on driving commerce revenue via product recommendations are now struggling to grow and even seeing a decline in sales. This could be the result of too many publishers rushing into the space at once, or it's an early sign that generative AI is having a negative impact on product recommendation content. [Adweek] TALK ABOUT SYNERGY: Amazon Prime is launching a show where Amazon retail sellers compete in front of a panel of celebrity judges to have their products featured in its store. [WSJ] For years, Netflix was tight-lipped about how many people were actually watching its shows. But now that it's the undisputed king of streaming — at least, if you don't count YouTube — it's proudly touting its dominance. It probably also wants to send a signal to potential advertisers about its reach. [Hollywood Reporter] Some of the best journalists on YouTube are former Vox employees. One example is Cleo Abram. She worked on the business side of Vox and cajoled her way into working on a documentary series the company produced with Netflix. Two years ago she launched her own science channel and has since grown it to 3.8 million subscribers. [Colin & Samir] There's a growing ecosystem of local news publications hosted on Substack. Most aren't generating huge revenue, but they're still filling in some of the gaps left by retrenched legacy newspapers. [inews] Patreon launched a tool that tries to predict which free members are on the verge of converting into paid and offers them a discount: "Autopilot improved the rate of free-to-paid membership upgrades by an average of 19% in testing." [TechCrunch] "Substack shared that over the past year, publications and subscriptions in the Fashion & Beauty category have more than doubled. Collectively, these writers earn more than $10 million annually in subscriptions, a figure that does not account for affiliate revenue." [WashPo] Don’t take my newsletter and podcast for grantedAt least once a week, I get contacted by an organization that wants to hire me to work with them on a contract basis to improve some aspect of their content operations. I used to make a living with this type of consulting, but now I turn away almost 100% of these inquiries and refer them to someone else. Why? Because even though these types of engagements often pay well, they’re also pretty time consuming, which means they would subtract from the amount of time I spend on my newsletter and podcast. But here’s the thing: the only way I can financially justify turning down this work is if I generate enough revenue through paid subscriptions. After all, I have an obligation to pay the mortgage and put food on my family’s table. Which is to say that if you want to ensure that my newsletter and podcast remain an ongoing concern, please consider becoming a paid subscriber. Seriously, it’s only $100 for a full year, and if you’re using insights from my content to improve your own business, then that $100 pays for itself. And if you use the link below, you get 20% off for the first year: Invite your friends and earn rewardsIf you enjoy Simon Owens's Media Newsletter, share it with your friends and earn rewards when they subscribe. |
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How State House News charges $4,000 for access to its journalism
Wednesday, September 18, 2024
What used to be a standard newswire service now sells direction digital subscriptions to a B2B clientele. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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PLUS: We get our biggest micropayments experiment to date. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Car dashboard TikTokers are changing restaurant criticism
Friday, September 13, 2024
PLUS: OnlyFans "is probably the most successful UK company founded since DeepMind." ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
How Stacker distributes sponsored content to thousands of publishers
Thursday, September 12, 2024
The startup devised a unique business model for its newswire service. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Why comedian "crowd work" videos are filling up your social media feeds
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PLUS: How music labels try to manipulate sales rankings for their albums ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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