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Steve Faktor Profile picture
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6 Oct, 4 tweets, 2 min read
So much about this Facebook whistleblower & her media pageantry seems conspicuous.

Especially her legal team's connections to powerful politicians and the CIA:
threadreaderapp.com/thread/1445525…

Are they juicing public outrage as pretext for govt action? TBD
Hardly Rosa Parks, but I guess she's performing some sort of service for somebody. For the children? Everything is always for the children...until it isn't.

I really do resent always having to be suspicious of everyone's motives - public officials, media and other institutions. I'd much rather just trust their integrity, competence and expertise. But their history warrants scrutiny. So here we are.
This certainly is the conclusion we are meant to reach.

My suspicion is the main winners of regulation might be:
- Facebook & its shareholders, as compliance cost deters competition
- Govt, bolstering its surveillance state

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More from @ideafaktory

Steve Faktor Profile picture
7 Oct
Tina Turner Sells Out🧵

This is a good analysis of why Tina just sold her catalogue & entire essence.

But the future of the music industry isn't that simple. The fates of distributors (Spotify, Apple, etc), labels, top artists & the rest vary wildly.

1/9 Image
Music Distributors

Amazon, Google & Apple don't rely on music to make $'s & will only gain leverage over time.

I proposed in early 2018 that Spotify must pursue podcasts to become profitable. Since, it has. bit.ly/2QTI49A

Diversification means they'll all be fine.
2/9 Image
Music Labels got a stay of execution. After years of sales declines, they were rescued by streaming. You can see how in this chart/thread.


The only value labels now offer is vetting & marketing. They need to more to thrive, but bought themselves time.
3/9
Read 9 tweets
Steve Faktor Profile picture
11 Sep
A 9/11 Lesson

I lived in NYC on 9/11. My mom worked at WTC & was rescued by a guy who pulled her into a subway station as the first tower was collapsing. She was missing for 10 hours. We feared the worst. Cell towers were down. She trekked through subway tunnels to Brooklyn.
🍡
The heaviest relief came when we finally reconnected. It never came for so many.

As the smouldering stench that permeated the city for months subsided, so did their hopes.

You'll hear plenty of platitudes today. But I try to take one lesson from that experience each year...
This year, that lesson is "freedom", but not in the way you think...

The same people who created the Taliban & Al Qaeda manipulated an emotional nation into a preposterous idea: imposing our definition of freedom on others - with war.

Read 9 tweets
Steve Faktor Profile picture
7 Sep
In the last few years, journalism has failed is in so many ways.

A big part of the problem is expectations...
We are not on the same page as to what journalism should be - and need to decide soon. It might be too late, as the market has decided for us...

...and we need to adjust.

Many already are.

Read 8 tweets
Steve Faktor Profile picture
6 Sep
Are friends and allies one and the same, or mutually exclusive?

Genuine question.
This is relevant but I'd distinguish between nations & individuals. I agree with de Gaulle not because France was unique but because nations can't be "friends". Too much personification. Allies is the best they can hope for. Thinking through individuals...
Analogously, I think of fans as allies. People who listen to my podcast, subscribe on Patreon, read my articles, share, comment, review - are allies in my mission to grow my voice. Few are friends. I don't hold that against friends - or expect to plan a vacation w/my patrons.
Read 6 tweets
Steve Faktor Profile picture
29 Jun
It's wild that 800K voters decide who's mayor of a city of 8.4M.

Since there's no viable opposition party in NYC, the Democratic primary is the election.

What if @KGforNYC and/or @AndrewYang decided to mount a GOP or 3rd party campaign for November...?
gothamist.com/news/first-uno…
Bloomberg did this. His first win was as a Republican, then Democrat, then Independent. Some of his people are working w/Andrew Yang, so it's not inconceivable.

I'd say this shuts the door to a future in the Democratic party, but so does being an outsider or becoming NYC mayor.
For the record, I supported Yang.

Read 5 tweets
Steve Faktor Profile picture
27 Jun
MUSIC & INFLUENCE

Ever wonder how strange it is that most music that shapes our lives was written by 20-somethings?

An age that's decades before creatives truly develop a distinctive voice & depth of experience.

So why is this the case?

A hypothesis in 4 parts...
4 reasons most impactful music is created by 20-somethings

1) Selection
2) Genius
3) Universality
4) Consumption age

1) Selection: the arts are brutal careers, esp. music. Odds of success, tiny. If you don't make it by your late 20's, you age out of young fans who control cool.
2) Genius: The people who do succeed are likely to be standouts, if not geniuses. If not as songwriters, then performers or determined success-seekers. They have an unstoppable quality that will break through quickly.
Read 6 tweets

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