Join us Sept. 14-16 in Miami to connect with top publishing leaders
Medium has already blurred the line between platform and publisher; now it’s planning to blur the line between publisher and agency.
The platform-publisher has launched its first sponsored collection, the design-focused “Re:form”, which is launching with BMW attached. With the six-mont partnership Medium will publish 100 stories, all of which will come with BMW’s branding attached, as AdAge reports. This is Medium’s fist real stab at creating a business on top of the roughly 40,000 articles that appear on the site each month
But just as Medium is opening up its content to sponsors, its also opening itself up to making content for brands. The launch of its BMW series comes not long after Medium posted a job listing for a managing editor of its “creative services team”, which is in charge of creating original content for both brands.
“The CST will produce original content, conceive and launch new editorial projects, and provide general editorial and design support for Medium’s in-house publishing initiatives, as well as brands and VIP contributors,” the listing reads.
Both move are inevitable for Medium, which has so far evaded questions of how it plans to monetize. Medium’s challenge, however, is that its focus on clean design and typography means that its nearly impossible for it to run standard display advertising. By opening its content up to sponsors, Medium wins both ways: It can make money, and not anger its readers in its process.
Medium itself has going though a series of evolutions. While it initially stated as a open platform with no editorial oversight, the site has recently turned to launching its own verticals — dubbed “collections”– in the hopes of creating a body of with with more consistent quality.
It’s too early to say whether Medium will be able to pull it off. ““There are a lot of websites that have built audiences,” Jackdaw Research analyst Jan Dawson told Digiday in May, “and when it comes time to monetize, they either fail to do so or do it in a way that turns off the audience.”
More in Media
Media Briefing: Publishers are rebuilding their newsrooms for the post-Google era
Publishers like USA Today Co. and NYT are reshaping audience teams and creating new roles to prepare for an AI search future.
How 11 retail media networks are trying to differentiate themselves to advertisers
With the launch of myriad retail media networks, these new divisions of various consumer-facing companies are now fighting for ad dollars.
WTF is a ghost creator?
Some companies are hiring creators not for their audience, but as a mouthpiece for a very specific brief. Think execution, not creativity. This is the ghost creator.
