Why Henry Blodget Has a ‘Buy’ on Media (and Slideshows)
Publishing models are undergoing challenging reformations as digital technologies continue to aggressively compete against traditional print formats.
Business Insider’s CEO and editor-in-chief Henry Blodget sat down with Digiday’s editor-in-chief Brian Morrissey at last week’s Digiday Mobile conference to explain the advantage he sees upstart publishers have over legacy players. Blodget also defended TBI’s brash headlines and penchant for slideshows, pinning the backlash against the latter on the Silicon Valley echo chamber.
“I think that slideshows are actually a wonderful, native storytelling tool for mobile, and the Internet itself,” he said. “So many things that we’ve done with them, you cannot do [in print or on television].”
The former stock analyst who now helms a burgeoning media company believes that despite the many challenges facing publishing now is a great time to find new models for media businesses.
“The need for content is greater than ever; it is not going to go away,” he said. “As of yet, Google has not figured out an algorithm that can tell you a good story. It can point to good stories, it can figure out good stories people are passing around, and, yes, now a new company has figured out how to write earnings briefs automatically … so some storytelling may go that way, but human beings are storytelling animals. We want to know what’s going on, we like to hear that. So far you cannot do that with an algorithm.”
Why ethical dilemmas are putting brands and their media buying in the spotlight
As the U.S. presidential inauguration comes to pass, marketers are increasingly aware that what they buy has an impact on society.
WTF is a SPAC?
An increasing number of companies, including media organizations, are turning to SPACs as a non-traditional means of taking their companies public.
‘Elevate the next generation’: As social platforms begin Black creator programs, critics say they need to do more
As social platforms launch Black creator programs, Black creators say they need to do more in support of diverse creative voices.
SponsoredThe evolution of shoppable content lies in social media streams
With the physical and social aspects of shopping stripped away due to various lockdown restrictions around the globe, shoppable social media is poised to fill the void. In a recent example, Instagram launched its Reels and Shop tab for users to connect with brands and creators — and to discover products. The social media platform will […]
‘Connect the dots’: Why publishers are investing in local media to round out big national stories
Publishers are sensing an opportunity and a responsibility in 2021 to invest more money and focus in reporting out national stories at a local level.
‘Media responsibility is now corporate social responsibility’: Marketers reassess brand safety controls to navigate a divided America
Keyword blocklists are increasingly part of rather than the crux of brand suitability strategies.