Most of these aggregators haven’t considered what will happen if their sources stop being able to serve them with content, meaning that they haven’t thought about how they are cannibalizing from traditional news sites without contributing to their bottom lines.
Here’s a quick catch-up for you: organic reach on Facebook (the number of people who see your content with no advertising) has dropped to just 6%. That means of those 10,000 Facebook fans on your page that you’ve spent all this time collecting, only 600 of them on average will see what you post. To reach the rest of them, you’ll need to advertise and promote your content. Facebook organic reach is expected to fall further and many analysts are predicting it will be almost zero by the end of the year. This means no one will see your content unless you pay to promote it.
You really can’t have it both ways when it comes to viral content. If you want to capitalize on its sharing prowess and reap the PVs that come with that, then you simply can’t take a hard-boiled approach to fluff. People are just not going to share a cat video of a dead cat.
— Gawker’s viral superstar Neetzan Zimmerman shares some brutal honesty on pop culture and viral media.
Vice was once a humble magazine about doing heroin and having sex (on heroin). Now, Vice is a global multimedia company, partly owned by Fox, valued at $1.4 billion. Vice is so successful that it no longer needs to exist.
On Friday, news broke that 21st Century Fox, which was recently spun off from News Corp, is sinking $70 million into Vice for a 5% stake in the company. That means the notional value of Vice as a whole is $1.4 billion. That means that Vice is worth about six times as much as the Washington Post, and just a wee bit less than the New York Times. If there was any doubt left, the counterculture has now become the establishment. There is now only one degree of separation between Rupert Murdoch and “The Meth-Fueled, Weeklong Orgies Ravaging London’s Gay-Sex Party Scene.”