<story><title>Renewing Medium’s focus</title><url>https://blog.medium.com/renewing-mediums-focus-98f374a960be</url></story><parent_chain><item><author>matt4077</author><text>It&amp;#x27;s disheartening to learn that advertisement apparently isn&amp;#x27;t even profitable (enough) for a platform that doesn&amp;#x27;t even pay for its content.&lt;p&gt;Just let it sink in what that means for journalism. If the economics of the internet come to be all-encompassing, there will be no revenue model to support any professional publications.&lt;p&gt;There&amp;#x27;s obviously no shortage of hate for &amp;quot;mainstream media&amp;quot; right now, so probably many people can&amp;#x27;t await the demise of that industry. I&amp;#x27;m just wondering which blogger we&amp;#x27;ll send to cover Ebola in Guinea-Bissau and which twitterer will file &amp;amp; finance 14 FOIA lawsuits[0]. But maybe democracy works just as well without people digging into &amp;quot;Foreign Intelligence Surveillance Court documents&amp;quot;.&lt;p&gt;[0]: &lt;a href=&quot;http:&amp;#x2F;&amp;#x2F;www.charliesavage.com&amp;#x2F;?page_id=303&quot; rel=&quot;nofollow&quot;&gt;http:&amp;#x2F;&amp;#x2F;www.charliesavage.com&amp;#x2F;?page_id=303&lt;/a&gt;</text></item></parent_chain><comment><author>hkmurakami</author><text>&amp;gt;Just let it sink in what that means for journalism. If the economics of the internet come to be all-encompassing, there will be no revenue model to support any professional publications.&lt;p&gt;Even at the Washington Post (profitable now), what drove growth was their opinion pieces (which they&amp;#x27;re doubling down on). And opinion pieces, while having their own merit, is rarely &lt;i&gt;journalism&lt;/i&gt;. It makes me sad.</text></comment>
<story><title>Renewing Medium’s focus</title><url>https://blog.medium.com/renewing-mediums-focus-98f374a960be</url></story><parent_chain><item><author>matt4077</author><text>It&amp;#x27;s disheartening to learn that advertisement apparently isn&amp;#x27;t even profitable (enough) for a platform that doesn&amp;#x27;t even pay for its content.&lt;p&gt;Just let it sink in what that means for journalism. If the economics of the internet come to be all-encompassing, there will be no revenue model to support any professional publications.&lt;p&gt;There&amp;#x27;s obviously no shortage of hate for &amp;quot;mainstream media&amp;quot; right now, so probably many people can&amp;#x27;t await the demise of that industry. I&amp;#x27;m just wondering which blogger we&amp;#x27;ll send to cover Ebola in Guinea-Bissau and which twitterer will file &amp;amp; finance 14 FOIA lawsuits[0]. But maybe democracy works just as well without people digging into &amp;quot;Foreign Intelligence Surveillance Court documents&amp;quot;.&lt;p&gt;[0]: &lt;a href=&quot;http:&amp;#x2F;&amp;#x2F;www.charliesavage.com&amp;#x2F;?page_id=303&quot; rel=&quot;nofollow&quot;&gt;http:&amp;#x2F;&amp;#x2F;www.charliesavage.com&amp;#x2F;?page_id=303&lt;/a&gt;</text></item></parent_chain><comment><author>FT_intern</author><text>I don&amp;#x27;t think these difficulties of Medium can be generalized to the wider industry. The CEO&amp;#x2F;founder Evan Williams is a billionaire who set out to create a good publishing platform for everyday Joes and Sues with little to no focus on monetization (as far as I can tell). Other text content based sites are more willing to sacrifice UX for higher ad revenue.</text></comment>