1/ What you write for 50,000 fans isn't what you write for millions of readers.
A writer doesn't have a least common denominator limitation and can go deeper on a topic like MoviePass.
A writer can also write about a niche topic like MoviePass "churn." nytimes.com/2021/04/11/bus…
A writer doesn't have a least common denominator limitation and can go deeper on a topic like MoviePass.
A writer can also write about a niche topic like MoviePass "churn." nytimes.com/2021/04/11/bus…
2/ That writers have the ability to work for themselves creates a wholesale transfer printing problem for the publication. The better BATNA of writers even benefits writers who stay at the New York Times at salary time. Writers will be paid more. That's a very good thing.
3/ "Substack" is bring used as shorthand by intermediaries who feel threatened by writers selling their work directly to customers. Many types of creators in different types of creative arts are eliminating intermediaries from their value chain. The shift to D2C is unstoppable.
4/ Wholesale *pricing* problem (not printing problem):
"the bargaining power of A that supplies unique services (eg, writing) to B (eg NYT) which enables A to capture value that formerly was captured by B by increasing the wholesale price of the unique service."
"the bargaining power of A that supplies unique services (eg, writing) to B (eg NYT) which enables A to capture value that formerly was captured by B by increasing the wholesale price of the unique service."
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