Buzzfeed in general gets flak but to people in the industry, it was quite clear that they:
1 - Understood the medium 2 - For a brief while, nailed the art of messaging within it
Buzzfeed in general gets flak but to people in the industry, it was quite clear that they:
1 - Understood the medium 2 - For a brief while, nailed the art of messaging within it
The freemium models of the New York Times and Washington Post are the ones that are cleaning up. You get a few free ad-supported articles a month to pique your interest, and if you are really into it, you need to pay a subscription. But Buzzfeed never had a brand people would pay for.
Buzzfeed, the non-news part, certainly knows how to produce cheap content, which makes it easier to ad support. They also do sponsored content.
But I'd hesitate to say that Buzzfeed understood the medium. They knew how to game traffic. They didn't know how to make money.
A lot of news outlets chased clicks. They thought they understood the medium. Making money and supporting yourself is the ultimate understanding the medium. Turns out The Gray Lady understands it the best.
And it's an even worse business model if you rely on social media for your business model and one day Twitter (or any other platform eventually) decides that if you're going to make money sharecropping in their fields, you need to start turning over revenue to the landlord in the shape of checkmark payola for reach and gatekeeping fees for access to the API.
It's the classic platform enshittification end-game: Social media embraced companies like Buzzfeed for providing the content that they used to build critical mass, then turned around and viewed them as ATMs to be plundered. Same story as app developers in walled gardens.
And it's a shame Buzzfeed news needed that substrate to survive on.
Jim DeRogatis is the person most singly responsible for bringing justice to R Kelly.
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