The Long Story with Simon Owens cover image

The Long Story with Simon Owens

The biggest difference between the Creator Economy and traditional media

Jan 12, 2024
The podcast covers topics such as the difference between creator-led companies and traditional media outlets, non-traditional media business models, launching a media business in 2024, the inefficiency of traditional PR and advertising, creating engaging editorial content, balancing freelance writing and newsletters, the involvement of sponsors and blurring lines in the event space, and building momentum in the Creator Economy.
42:01

Podcast summary created with Snipd AI

Quick takeaways

  • Non-media organizations can learn from media companies and focus on creating high-quality content to attract and engage their own audience, potentially spending their budget more effectively.
  • The differences between creators and traditional media companies lie in the personality-led approach of creators and the brand prioritization of traditional media companies, with the potential for creator-led companies to evolve into more traditional media companies in the future.

Deep dives

Importance of Thinking Like a Media Company

The podcast episode explores the idea that non-media organizations can learn from media companies when it comes to business models. Traditional marketing avenues like advertising and PR are often seen as wasteful and ineffective for smaller brands. Instead, it is suggested that companies should focus on creating high-quality content to attract and engage their own audience. By thinking more like media companies and producing editorial content, organizations can potentially have a larger impact and spend their budget more effectively.

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