Todd Bishop, technology reporter and co-founder of GeekWire, joins Ben and David to discuss Facebook's acquisition of Push Pop Press. They explore the founding story of Push Pop Press, the evolution of Facebook Creative Labs and Instant Articles, and the changing media landscape. They also touch on GeekWire's experiments with Facebook Instant Articles and live video.
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Quick takeaways
Publishers can tap into Facebook's vast user base and provide a faster, more immersive reading experience through products like Instant Articles.
Facebook offers a valuable opportunity for publishers to reach wider audiences and monetize their content by aggregating users and providing a platform for immersive content experiences.
Facebook's influence in the publishing industry raises concerns about bias and the responsibility to ensure transparency and fairness in content distribution and curation.
Deep dives
Facebook's Acquisition of Push Pop Press
Facebook acquired Push Pop Press, a company founded by two former Apple employees, Mike Matas and Kimon, to reimagine the book on mobile devices. Push Pop Press created a highly immersive digital book experience with interactive content and seamless integration of audio and video. After launching their first book, "Our Choice" in partnership with Al Gore, Push Pop Press gained recognition and won an Apple Design Award for their app. Shortly after, Facebook announced the acquisition of Push Pop Press, although the exact terms were undisclosed. The founders mentioned that while Facebook isn't planning to enter publishing, the technology and ideas behind Push Pop Press will be integrated into Facebook to enhance storytelling on the platform. This move by Facebook reflects a broader trend in the publishing industry, with publishers looking to reach users where they are, instead of trying to drive traffic to their own websites. By hosting content within the Facebook ecosystem through products like Instant Articles, publishers can tap into Facebook's vast user base and provide a faster, more immersive reading experience. While some publishers may worry about losing readership on their own sites, the shift towards distributing content on platforms like Facebook highlights the importance of adapting to changes in reader behavior and leveraging the benefits of these new distribution models.
The Power of Facebook's Distribution Model
Facebook's acquisition of Push Pop Press reflects a shift in the publishing industry towards aggregating users instead of aggregating distribution. Publishers no longer need to drive traffic to their own websites. Instead, they can provide content directly within Facebook, leveraging its massive user base. Through products like Instant Articles, Facebook offers a faster, more immersive reader experience, giving publishers the ability to reach millions of users and utilize Facebook's built-in ad serving capabilities. This trend aligns with Ben Thompson's aggregation theory, where publishers focus on aggregating users and allowing producers to come to them, rather than relying on traditional distribution models. While some publishers may worry about losing direct readership to their websites, the benefits of reaching readers where they already are outweigh the potential drawbacks, making Facebook a powerful platform for content distribution.
Facebook's Influence and Challenges
Facebook's position as a dominant distributor comes with significant influence and challenges. With the ability to curate and prioritize content, Facebook plays a role in shaping what news and information users see. This power has raised concerns about bias and the objectivity of its algorithms. The recent controversy surrounding Facebook's trending stories feature, where allegations of anti-conservative bias emerged, highlights the trust placed in Facebook's algorithm to deliver unbiased and accurate information. Despite these concerns, Facebook's role in the publishing industry is undeniable. By aggregating users and providing a platform for immersive content experiences like Instant Articles, Facebook offers publishers a valuable opportunity to reach wider audiences and monetize their content. However, as Facebook's influence continues to grow, it will face increased scrutiny and responsibility in ensuring transparency and fairness in its content distribution and curation practices.
Main Idea 1
The podcast episode explores the shift in publishing and journalism towards new forms of media, such as live video streaming and social media platforms like Facebook. The hosts discuss the significance of Facebook's instant articles and the potential for publishers to create content exclusively for social media platforms.
Main Idea 2
The episode raises questions about the future of publishing and the risks and opportunities that come with embracing new digital mediums. It highlights the challenges of reinventing traditional mediums like books and the need for publishers to adapt to changing consumer behavior and technological advancements. The hosts also discuss the growing importance of live video streaming and the potential monetization opportunities it presents.