Byrne Hobart, creator of the newsletter The Diff and Capital Gains, joins Erik Torenberg to discuss the intricate evolution of media industries. In this conversation, they delve into the comparative success of print and digital media, the economic transformation of the news sector, the disruption in media landscapes and the emerging scenarios in financial journalism.

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

--

RECOMMENDED PODCAST:

🎙️ Second Opinion - A new podcast for health-tech insiders from Christina Farr of the Second Opinion newsletter. Join Christina Farr, Luba Greenwood, and Ash Zenooz every week as they challenge industry experts with tough questions about the best bets in health-tech.

Apple Podcasts: https://podcasts.apple.com/us/podcast/id1759267211

Spotify: https://open.spotify.com/show/0A8NwQE976s32zdBbZw6bv

🎙️ECON 102 W/ NOAH SMITH - Keeping econ entertaining - Noahpinion author Noah Smith and Erik Torenberg break down business news and politics every week.

Apple: https://podcasts.apple.com/podcast/id1696419056

Spotify: https://open.spotify.com/show/6q7Gn5lP8TTtBPuV1NJSGs

—

SPONSORS: BEEHIIV

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

—

LINKS:

The Riff on YouTube: https://www.youtube.com/@TheRiffPodcast

The Riff on Apple: https://podcasts.apple.com/us/podcast/the-riff-with-byrne-hobart-and-erik-torenberg/id1716646486

The Riff on Spotify: https://open.spotify.com/show/6rANlV54GCARLgMOtpkzKt

Being Not-a-Tech-Company: https://www.thediff.co/archive/being-not-a-tech-company/

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

—

X / TWITTER:

@eriktorenberg (Erik)

@ByrneHobart (Byrne)

—

TIMESTAMPS:

(00:00) Intro

(00:56) Historical overview of media business

(04:36) Golden age of newspapers

(07:54) Impact of digital transformation

(13:28) Media fortunes and distribution changes

(18:55) Sponsors: Beehiiv and Turpentine

(20:43) Understanding the distribution model

(24:21) Role of AI in media layoffs

(31:35) Economics of investigative journalism

(36:32) Advice and Insights in building a media empire

(44:10) AI media: Opportunities and challenges

(53:09) Changing nature of fame in the algorithmic age

(58:17) Being Not-a-Tech-Company

(01:05:44) Wrap-Up

—

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.

Transforming Tennis, The FRA Podcast

FRA Podcast #15: Season re-cap and a look ahead

Remember Everything You Learn from Podcasts