There's a growing number of people who believe that digital media's ad-supported model is Watch Too Cute! Super Rare! She Was Crazy About The Cats On A Date At A Cat Cafe Onlinebroken. Add the co-founder/CEO of Medium, Ev Williams, to the top of that list, now.
Williams, who's also the co-founder of Twitter, announced on Wednesday that Medium has laid off 50 people—about a third of its total staff—as the company looks to change how it makes money.
As part of the announcement, Williams put forth a dark view of internet publishing:
"It’s clear that the broken system is ad-driven media on the internet," Williams wrote in a Medium post announcing the layoffs.
"It simply doesn’t serve people. In fact, it’s not designed to. The vast majority of articles, videos, and other “content” we all consume on a daily basis is paid for — directly or indirectly — by corporations who are funding it in order to advance their goals. And it is measured, amplified, and rewarded based on its ability to do that. Period. As a result, we get…well, what we get. And it’s getting worse."
Williams would know. He helped create one of the first popular self-publishing websites in Blogger, before moving on to help found Twitter, arguably the most popular self-publishing platform, period.
In 2012, he started Medium, a place he said he hoped would turn into a destination for great writing. While the website featured an attractive and simple aesthetic combined with an easy-to-use interface, the company still primarily relied on advertising to bring in money.
Williams wrote that he now realizes Medium will need to change its business model to survive.
"We had started scaling up the teams to sell and support products that were, at best, incremental improvements on the ad-driven publishing model, not the transformative model we were aiming for," he wrote.
Just what that model will be isn't entirely clear. Williams still reads like his usual idealistic and high-minded self.
"We believe that a better system — one that serves people — is possible. In fact, it’s imperative," he said, but added that "It is too soon to say exactly what this will look like."
As part of the layoffs, Medium will be closing its offices in Washington, D.C. and New York City.
HP Touchscreen Laptop deal: Get $240 off at Best Buy
Ads that portray the stereotype of men being bad at housework will be banned
Walmart pilots air drone delivery service in North Carolina
'Wonder Woman 1984' moves to Christmas
We tried Sony's new XYN headset: a game
Scary vengeance
'Fortnite' may remove Apple ID login soon, so update your details now
HBO Max's 'Harley Quinn' cartoon is a sillier, gorier 'Birds of Prey'
Best Samsung Galaxy Watch Ultra deal: Save $200 at Best Buy
Very good dog jumps into water and rescues baby deer from drowning
Panthers vs. Falcons 2025 livestream: How to watch NFL online
So, is this bird magically floating or what?
Artificial sweeteners don't help with weight loss after all
Apple might ban Fortnite from iPhones for a year
Collins vs. Jabeur 2025 livestream: Watch Adelaide International for free
China willing to let TikTok die over Trump forcing a U.S. acquisition
Facebook launches TheFacebook...no wait, sorry, Facebook Campus
Next Google Nest thermostat might support motion control, like Pixel 4
Elon Musk's DOGE.gov website can apparently be edited by anyone
'Contagion' hits different 6 months into the pandemic
Facebook now lets you create 3D photos without a portrait mode cameraThe mounting costs of Trump's many travels to MarNetflix's 'Castlevania' is a gothic, gory trip worth catching up onGoogle cancels annual I/O developer conference due to coronavirus fearsSalt Bae just voted in the most Salt Bae way possible'Doctor Who' fans will be thrilled and delighted by the latest Oxford Dictionary addition'Doctor Who' fans will be thrilled and delighted by the latest Oxford Dictionary additionNew algorithm creates every possible melody to curb copyright lawsuitsRoaming alligator walks right up to doorstep in *drumroll* ... FloridaWhat big tech wants with your medical dataThis woman's outraged response to the general election has gone gloriously viralSamsung to improve Galaxy S20 Ultra camera with a software updateVoting for the first time as an immigrant under TrumpHow coronavirus may be affecting iPhone productionTrump autographs a kid's hat, then throws it into the crowdOppo Reno3 Pro launches with dual 44The best tech gear for taking amazing travel photosApple shareholders reject 'freedom of expression' and sustainability proposalsNot above the law: Steven Seagal's shady crypto past under siege by SECJohn Boyega's movie workout sessions look painfully hilarious Words We Don't Say; The Tao of Travel by Lorin Stein And We Have A Winner! by Sadie Stein Into the Deep by Lori Nix Postscript: Celebrating Sybille Bedford by Sylvia Brownrigg Peter Sellars on 'The Winds of Destiny' by Kevin Berger Tonight! Celebrate the Nonfiction of Roberto Bolaño by Sadie Stein Win Two Tickets to Arcadia by Peter Conroy Like Minds by Sadie Stein My Manticore by Sadie Stein The Punk Ballerina by Miranda Popkey A Week in Culture: Barry Yourgrau, Writer, Part 2 by Barry Yourgrau Poem: Because my daughters are growing, by Tayve Neese Memories of the Kennedy Administration by Peter Terzian A Miniature Fascination by Sadie Stein The Place of the Flavored Vodkas by Molly Fischer The Summer Issue: Redefining the Beach Read Since 1953 by Sadie Stein Portfolio: A Moveable Feast by Yann Legendre Staff Picks: Chad Harbach, The Mets, Masters of the Sob by The Paris Review It Never Gets Old by Louisa Thomas TPR vs. High Times: The Stoners Win by Cody Wiewandt
2.3767s , 8206.84375 kb
Copyright © 2025 Powered by 【Watch Too Cute! Super Rare! She Was Crazy About The Cats On A Date At A Cat Cafe Online】,Unobstructed Information Network