Taylor Lorenz, journalist and author, joins Matt to discuss the relationship between Hollywood and digital creators, the strike's impact on influencers, the best platforms for monetization, the evolution of YouTube and TikTok, and the controversial Naked Attraction show.
The recent Hollywood strikes have highlighted the evolving relationship between influencers and traditional entertainment, with more crossovers and collaborations happening.
The book 'Extremely Online' emphasizes the power of algorithmic content delivery on platforms like YouTube and TikTok, shaping culture and influencing the future of media.
Deep dives
The Impact of Strikes on Digital Media and Influencers
The recent strikes in Hollywood have brought attention to the influence and significance of digital media and the creator ecosystem. During the strike period, influencers who are on the outskirts of traditional entertainment were cautious not to upset the unions, as they aspire to be actors or writers in the future. The strike has also highlighted the massive growth and business opportunities within the influencer and creator economy. However, while influencers dominate online platforms, mainstream media still plays a vital role in reaching audiences. The relationship between traditional entertainment and the influencer industry is evolving, with more crossovers and collaborations happening.
The Evolution of Social Media and the Power of Platforms
The book 'Extremely Online' by Taylor Lorenz explores the evolution of social media through the eyes of various creators. Lorenz emphasizes the rise of platforms like YouTube, which started as a dating site and transformed into a video-sharing platform. The success of YouTube and TikTok demonstrates the power of algorithmic content delivery and the extensive reach and impact of short-form mobile content. Furthermore, the book highlights the significance of platforms in shaping culture and influencing the future of media.
Creators' Goals and the Blending of Traditional and Digital Media
For many content creators, the goal is not necessarily to pursue a traditional entertainment path but to build their own successful media companies. They strive to create a range of revenue streams, including podcasts, licensing deals, and brand partnerships. While some content creators may still be interested in traditional Hollywood opportunities, the focus has shifted towards becoming self-sufficient media empires. As the industry evolves, the lines between traditional and digital media become increasingly blurred, with more creators engaging in both worlds.
The Future of Social Media Platforms and Influencer Culture
TikTok is positioned as a long-term player in the social media landscape due to its unique algorithmic feed and the backing of its parent company, ByteDance. With billions of users and surpassing Facebook in terms of time spent, TikTok has reshaped mobile short-form content consumption and is embraced as a central platform for shaping culture. While platforms like Vine and MySpace had their time in the limelight, TikTok's success and cultural impact make it highly likely to remain a significant player in the future. Content creators are continually seeking innovative AI tools to streamline their processes, and platforms are exploring ways to enhance monetization opportunities for creators.
Matt is joined by journalist and author Taylor Lorenz to discuss how influencers and the creator economy have both benefited and suffered from the strike, the relationship between Hollywood and digital creators, the goal of the modern influencer, the best platforms for monetization, and much more. Matt finishes the show by giving a prediction on ‘Naked Attraction,’ the newest reality show added to the Max streaming service.
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