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Former BBC CEO Deborah Turness warns that large media brands must learn from the creator economy. She urges them to stop "managing" the news and instead empower talent to build authentic, direct relationships with audiences, mirroring platforms like Substack and YouTube.
Successful journalists combine platforms. They use legacy media for brand credibility, editing, and infrastructure, while direct-to-consumer platforms like Substack allow for faster publishing and capturing a much larger share (70-90%) of the economic value they create.
The media landscape has shifted from a few press channels to infinite creator channels. The old strategy was message control ("what can I not say?"). The new strategy is authenticity and volume; a gaffe is fixed by creating more content, not by apologizing.
The ChinaTalk podcast argues its success comes from letting its team pursue topics they are genuinely enthusiastic about. This passion is palpable to the audience and leads to higher quality, more engaging work than content dictated by a rigid, top-down editorial calendar.
Gus Wenner views personality-driven creators as the modern embodiment of legendary journalists like Hunter S. Thompson. This talent-first approach, once central to iconic media brands, has been lost by many traditional publishers but is key to winning in the current landscape where personalities build the brand.
Chef Alison Roman suggests The New York Times had a "don't get too famous" culture, feeling threatened when a creator's personal brand grew too large. This highlights the conflict legacy media faces in cultivating talent they need but cannot fully control.
The media landscape has fundamentally changed. Value is no longer concentrated in institutional brands like the New York Times. Instead, it has shifted to individual, 'non-fungible' writers who can now build their own brands and businesses on platforms like Substack.
The future of the creator economy favors deep trust over broad reach. As institutional trust fails, audiences will gravitate towards creators who are authentic leaders in a specific vertical. Success will be measured by community loyalty ('true believers'), not just follower count.
Traditional media is evolving beyond content by adopting creator strategies. Recurrent uses video to build personal relationships that drive audiences to live events and product lines, creating a multi-faceted "360 business" rather than just a publishing one.
CBS News acquiring Bari Weiss signals a strategic shift: legacy media outlets are buying influential independent creators to regain credibility. As audiences increasingly trust individual voices over institutions, these giants are co-opting top creators to bring that trust—and their audiences—back under a corporate umbrella, reversing the traditional talent pipeline.
Legacy media, like The Wall Street Journal, are hiring coaches to help reporters build personal brands. This mimics the success of social media creators who are displacing journalists on the press circuit for major celebrity and political interviews.