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While tech startup founders effectively use podcasts and personal celebrity brands to build audience, Jason Krebs contends that this model damages traditional news and content organizations. When a media CEO uses their institutional title to host high-profile shows or interview marquee figures, they compete directly for attention and editorial access against the journalists they employ. For content businesses, an executive acting as a creator cannibalizes the newsroom's visibility.
To build community and excitement for major events, media outlets like Sema4 put newsmakers (e.g., top CEOs) on "advisory boards." Ben Smith defends the practice as standard, arguing journalistic independence is maintained, but it creates a clear ethical tension between booking and covering powerful figures.
Media companies face a dilemma: allowing on-air talent to engage in new media like podcasts enhances relevance, but it also empowers them to build personal brands that directly compete with the network for audience attention, loyalty, and ultimately, revenue.
The Chief Content Officer calls it "short-sighted" and "silly" for a media company to insist on owning a reporter's social media. Instead, they encourage and provide resources for reporters to authentically grow their personal accounts, fostering trust and individual brands.
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.
Old media built abstract corporate brands (e.g., General Electric). New media's unlimited channels mean the founder's personal identity now defines the company. Think Elon Musk and SpaceX, not just the corporate entity. This shift makes it nearly impossible for a company to build a compelling brand without a strong, public-facing individual at the helm.
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.
With trust in media institutions at an all-time low, consumers are increasingly getting their news from individual creators they trust, such as podcasters and newsletter writers. Campbell Brown notes this is a fundamental consumption shift, where the personal brand of a creator replaces the institutional brand of a newspaper.
CNBC's dominance is threatened as financial news and commentary migrate to podcasts. CEOs and finance figures now break news on popular shows like Joe Rogan or niche industry podcasts, bypassing traditional financial networks and eroding their exclusive access and moat.
A key reason CEOs agree to challenging interviews on journalistically independent shows is for internal communication. They believe their own staff is more likely to listen to and trust a message delivered in a high-stakes, external forum than in a controlled environment like a corporate all-hands meeting.
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.