The Rise and Maybe the Fall of Influencers
nytimes.com
nytimes.com
Some industries are ok with blatant sponsorship and some are not. Compare the video game industry awards (https://www.forbes.com/sites/erikkain/2016/12/02/the-good-th...) to the oscars.
People can be fickle about these things as the industries are being established. If fans decide it's unappealing to see obvious cash-ins, the 'influencer' industry may be overvalued. Whether or not they do probably has a lot to do with whether these scandals are memorable.
It all speaks to the radioactive toxic waste that is advertising in general, and its insidious ability to poison discourse. Couching the tactics in terms like "influencers" seems pretty distasteful to me.
From the article: PewDiePie, a YouTube star who had signed deals with Disney and Google and then was discovered to have made anti-Semitic statements.
...100% bullshit smear campaign by the WSJ not mentioned...
Influencers must create trust and manage their own base, just like any other brand. The losers at the end of that stick are ad driven media outlets like NyTimes and Google. People creating content is not going anywhere and neither is the power of social media. Sure some top end influences are practically just product pushing robots, but this landscape will even out to be more genuine and niche based.
The long ugly decline of traditional media grasping at straws is not over, the revenue will continue to plummet. The title should be "The continual fall of the MSM as the internet continues to erode it's value."
NYTimes: Print advertising revenue in 2016 fell 16 percent, driving a 9 percent drop in total advertising revenue. For the quarter, print advertising revenue declined 20 percent. Digital advertising revenue rose 6 percent last year. Adjusted operating profit, the company’s preferred method for assessing performance, fell to $241 million last year, from $289 million in 2015. Operating profit dropped to $102 million, from $137 million.
^ Says everything you need to know about what is going on, and jokes, although crude, are jokes.
https://qz.com/901684/thanks-to-trump-the-new-york-times-add...
The NYT has lost a lot of control of the Overton Window, for better or worse.
It's part and parcel of globalism which lifted hundreds of millions out of abject poverty and gave rise to middle classes in India and China. Course we can go back to nationalistic tendencies.