Much has been written about the nature of new media: it’s free, remixed, algorithmically distributed, and infinitely generated. But I’m more interested in the next question: as internet-native media takes hold, what business models remain? What does an internet-native “media business” actually look like?
Capital flows to the most legible ideas
In his essay “Individuals Matter,” Dan Luu makes a tangential argument that “projects which are more legible get more funding across organizations as well as within them.
Why luxury? Since publishing Luxury Media in June of last year, the most common pieces of criticism haven’t been directed at the ideas – they’ve been directed at the term itself.
PREDICTION: The lines between publisher, platform, and device will blur.
The Feed is the base layer of media
The feed is the base layer of media.