Evolution of a Media Brand

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The chapter explores the growth and evolution of a media brand initially created as a community-building initiative for young professionals in the entertainment industry. It delves into how the brand expanded to include newsletters, podcasts, and events, focusing on discussing entertainment and cultural events through a business lens. The conversation emphasizes the importance of curating news with analysis, adopting intentional business strategies for growth, diversifying revenue streams, and creating engaging content for specific audience niches.

Boye Fajinmi, co-founder of The Future Party, a community-based media brand with a daily newsletter reaching 200K subscribers, joins Erik Torenberg to share insights on transitioning from community events to a comprehensive media company, the power of specialized newsletters, and the necessity of diversifying revenue streams. Grow and monetize your newsletter with Beehiiv: head to https://Beehiiv.com and use code “EMPIRES” for 20% off your first three months.

🔥 Apply to join over 400 Founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj

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SPONSORS: BEEHIIV

Head to https://Beehiiv.com and use code “EMPIRES” for 20% off your first three months.

LINKS:

The Future Party: https://futureparty.com

Linkedin: https://www.linkedin.com/in/boye-fajinmi/

Instagram: https://www.instagram.com/boye/?hl=en

Subscribe to the Media Empires Newsletter: https://media-empires.beehiiv.com/

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X / TWITTER:

@eriktorenberg (Erik)

@thefutureparty (Boye)

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TIMESTAMPS:

(00:00) Intro

(00:29) Evolution and strategy of The Future Party

(04:35) Navigating the newsletter ecosystem

(08:44) Niche targeting

(10:27) Future aspirations and media diversification

(12:06) Power of events in media growth

(14:47) Sponsors: Beehiiv and Metaview

(16:54) Exploring different mediums

(19:57) Role of events and activations

(24:11) Monetization strategies and subscriber engagement

(27:16) Importance of value creation

(29:10) Wrap

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This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co.