Your notion that how hard the work is serves as your moat is undeniably accurate. Another quote you might want to adopt is from Groucho Marx: "When I arrived in this town I had absolutely nothing, but I've worked myself up to a state of extreme poverty."
Thanks. On a cursory level, TFP has a more limited model bc it’s all subs. The majority of Puck’s revenue is ads or related sponsor activities, I believe. The audiences are different. Puck covers politics but TFP is... political. That is better suited to subscriptions than ads.
I wonder if you think media, publications and companies come and go because the internet is always changing and the atmosphere an environment of grows some of those business models and approaches? Maybe it's only natural to think that media companies have a shorter life cycle due to the dynamic nature of the internet.
Even as America's demographics changes, how we read online has changed a great deal here by year and they could buy decade. More of the younger generation will read in between watching videos and playing games. Media and reading is no more a prime time pure play sport but something a bit more fringe. If the consumption patterns change, I think the business models have to accommodate this.
Your notion that how hard the work is serves as your moat is undeniably accurate. Another quote you might want to adopt is from Groucho Marx: "When I arrived in this town I had absolutely nothing, but I've worked myself up to a state of extreme poverty."
I’d be interested to read your analysis of Puck vs The Free Press in terms of business model, strategy, etc, Brian.
Also, good post!
Thanks. On a cursory level, TFP has a more limited model bc it’s all subs. The majority of Puck’s revenue is ads or related sponsor activities, I believe. The audiences are different. Puck covers politics but TFP is... political. That is better suited to subscriptions than ads.
Very interesting comment about politics vs political. That makes some sense.
TFP has sponsors for its podcasts and seems to be doing very well from them.
I wonder if you think media, publications and companies come and go because the internet is always changing and the atmosphere an environment of grows some of those business models and approaches? Maybe it's only natural to think that media companies have a shorter life cycle due to the dynamic nature of the internet.
Even as America's demographics changes, how we read online has changed a great deal here by year and they could buy decade. More of the younger generation will read in between watching videos and playing games. Media and reading is no more a prime time pure play sport but something a bit more fringe. If the consumption patterns change, I think the business models have to accommodate this.
Yeah, this hits harder than 99% of what I see about media, tech and building valuable relationships around content. Good one, Brian. Thanks.
"only billionaires tend to be nature prefer making money to losing it."
I tried.. I can't figure this out. Also: the 2nd paragraph after that is missing a space after the period: "..for sure.The New York.."
Billionaires don’t like to lose money. Thanks for the copy edit.