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What Do Recent Personnel Cuts in Media Mean for Our Future?

By www.linkedin.com

It’s been a tough week in the media world. Vice Media (whose founder envisioned the company becoming “the largest online media network in the world”) announced it would be laying off 10 percent ofRead full story

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  • That genie was let out of the bag in the early 90s... go back to the founding of pathfinder at TimeWarner for example. Yes content creators not seeing around corners gave their content away and set up their industries disintermediation. Paywalls have gone up in recent times for some of the big guys but

    That genie was let out of the bag in the early 90s... go back to the founding of pathfinder at TimeWarner for example. Yes content creators not seeing around corners gave their content away and set up their industries disintermediation. Paywalls have gone up in recent times for some of the big guys but is it too late?

    Remember Zuckers famous "trading analogue dollars for digital pennies" in 2008... and that was just before things took a real downturn.

    You need a free press ina democracy. Today you have billionaires coming to the rescue. That isn't a long term model either. So where does the business go?

  • I completely disagree with the author that the problem is free content. Ideas and information are the basic building blocks of communication; it would be unethical to actually kill free media. However, curation, application, and execution of knowledge are based on perspectives that cost the creator(s

    I completely disagree with the author that the problem is free content. Ideas and information are the basic building blocks of communication; it would be unethical to actually kill free media. However, curation, application, and execution of knowledge are based on perspectives that cost the creator(s) something, so it’s often fair to charge for them.

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