I was really expecting something new from the Medium team. Instead, all we got was ads, promo stories "advertorials" in old media speak, media campaigns, and subscriptions.
Absolutely none of those are a "better" business model for publishing - they are exactly the current business model for publishing. And they are failing.
The execution is key, but so far, just more of the same.
Paid monthly membership might be a hard sell to the end customer. In today's information overload era, running a paywalled blog might be very challenging from the perspective of generating quality, captivating content
I can't say we didn't see this coming but hopefully Medium will deliver something like YouTube Red/Goole Contributor. I really like supporting content creators and boy do I hate ads.
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[ 1.9 ms ] story [ 20.8 ms ] thread"Fake news" coming soon to Medium.
Absolutely none of those are a "better" business model for publishing - they are exactly the current business model for publishing. And they are failing.
The execution is key, but so far, just more of the same.
Give the users a choice to choose how to support.