Expanding the View – June 2022

News publishers and magazines have become highly experimental and deeply innovative businesses. We have larger audiences than ever — but also need to create new products and distribution systems to drive a better future. This newsletter is designed to highlight interesting ideas and provoke some thinking. Send suggestions to david@newsmediaalliance.org.

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What I’ve been reading this month:

The Biggest Change in Media Since Cable Is Happening Right Now (Politico)
Following the demise of CNN+, many predicted an end to streaming digital news platforms. But Politico’s Jack Shafer sees another story. 

An Inflection Point Year for TV Viewing as Cord-Cutters Dominate (CivicScience)
Research firm CivicScience breaks down the trends related to cable “cord cutting” and digital streaming, and makes some predictions for the future.

Google Agrees to Pay for Beefed-Up Wikipedia Service (Courthouse News Service)
While Google is involved in international negotiations regarding paying for news, it has recently agreed to pay the Wikimedia Foundation for access to Wikipedia articles.

Journalism Has Suddenly Taken Off on TikTok: What Publishers Need to Know (Press Gazette)
With the rise of TikTok as a social media platform and cultural juggernaut, some news brands are breaking through to global audiences of the app’s younger users.

Popular Science Owner Recurrent Ventures Raises $300 Million in Blackstone-Led Round (The Wall Street Journal)
A bet on media.

Facebook’s Current State of Decomposition (Garbage Day)
Deep diving into the most recent Facebook Widely Viewed Content report and what it can tell us about the current state of the company and its prospects.

Web3/Blockchain:

I’ve been thinking a lot about crypto and Web3 – and there have been a lot of diverse opinions this month:

The Pivot to Web3 Is Going to Get People Hurt (VICE)
Looking into who stands to benefit from the Web3 “revolution.”

Cautionary Tales from Cryptoland (Harvard Business Review)
Part of HBR’s extensive series on Web3, blockchain and crypto, looking at some of the riskier elements.

Paradise at the Crypto Arcade: Inside the Web3 Revolution (WIRED )
A journalist went to a crypto conference to understand the mindset and found himself starting his own DAO.

In Defense of Crypto(currency) (A Few Thoughts on Cryptographic Engineering)
A cryptographer’s deep dive into the fundamentals that underlie cryptocurrency, while acknowledging many of the field’s flaws.

Notable in the Twitter-verse:

Check out these accounts for more on these and other emerging topics:

Cecilia Kang: @ceciliakang
Catherine Perloff: @catherineperlo1
Feli Carrique: @felicarrique
News Product Alliance: @newsproduct
Today in News Tech: @TodayinNewsTech

From @acfou:

From @ScottBrodbeck:

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