How people are making money in the rapidly growing new media or independent media sector. A conversation with Matt Wong of Discernable, a new media start up based in Melbourne, Australia.
While the internet and social media have badly affected traditional media, they have led to the emergence of a rapidly growing new media or independent media sector.
For instance, leading podcaster Joe Rogan was reportedly paid $100 million to move his hugely popular podcast to Spotify. And independent journalists like Matt Taibi, Bari Weiss, and Krystal Ball and Saagar Enjeti are making decent livings through Substack and Patreon subscriptions and via revenue from YouTube.
Economics Explored host Gene Tunny chats about the economics of new media with Matt Wong, Founder of Discernable, a new media start up based in Melbourne, Australia. Discernable's interviews and explainer videos reach over 200,000 Australian views per week. We serve over 1.2 million minutes per month.
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