(Second of a series. The first post reviews the media and platform ecosystem, and laments the role brand marketers have played in its demise.)
Hi, folks on Medium. It’s been a minute. I’m sorry for that, long story. I plan on writing more overall, and I thought given we had built something of a connection a couple years ago, I’d start cross posting here. Hope you’re all good and enjoying the Medium vibe.
In my first post of this series, I laid out a fundamental problem with how digital media works today. Large digital platforms like Facebook and Google have cornered the market on audience attention, often with devastating impact on our national dialog. Along the way these platforms have developed sophisticated prediction and targeting engines which give marketers the ability to buy audiences with precision and scale. While this has been a boon for marketers’ businesses and the platforms’ profits, it’s also drained resources from independent, high-quality editorial outlets and stripped our national dialog of much-needed context. …
(This story is cross posted from my Searchblog site)
As the coronavirus crisis built to pandemic levels in early March, a relatively unknown tech company confronted a defining opportunity. Zoom Video Communications, a fast-growing enterprise videoconferencing platform with roots in both Silicon Valley and China, had already seen its market cap grow from under $10 billion to nearly double that. As the coronavirus began dominating news reports in the western press, Zoom announced its first full fiscal year results as a public company. The company logged $622.7 million in revenue, up 88 percent from the year before. …