I'm the founder and CEO of Seeking Alpha. I worked for five years as a technology research analyst for Morgan Stanley in New York. I left in early 2003 to manage money (long/short) and explore new approaches to financial publishing, ultimately leading to the creation of Seeking Alpha. Prior to... More
Paul Graham (pictured above) is an essayist, programmer, programming language designer and partner in Y Combinator.
His most recent monthly essay is a must-read for media investors. It begins:
Publishers of all types, from news to music, are unhappy that consumers won't pay for content anymore. At least, that's how they see it.
In fact consumers never really were paying for content, and publishers weren't really selling it either. If the content was what they were selling, why has the price of books or music or movies always depended mostly on the format? Why didn't better content cost more?
The entire essay, Post Medium Publishing, is here.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha
community. Instablog posts are not selected, edited or screened by Seeking Alpha editors,
in contrast to contributors' articles.
Thanks so much for posting this. What a profound, fresh and oh so smart view of the situation. And one that publishers will certainly not like. But if they're smart, they'll certainly take note.
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.
The Future of the Media Industry According to Paul Graham 1 comment
Paul Graham (pictured above) is an essayist, programmer, programming language designer and partner in Y Combinator.
His most recent monthly essay is a must-read for media investors. It begins:
The entire essay, Post Medium Publishing, is here.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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