The Digiday Podcast

Latest Episodes:

Vox Media’s Marty Moe and Preet Bharara are building a business that extends beyond podcasting Jun 08, 2021

Show notes

Vox Media has been on something of a shopping spree over the past two years. After acquiring Epic to boost its TV production business, New York Media to expand its publishing portfolio and Coral to add to its publishing technology, in April the media company picked up Cafe Studios — the podcast company co-founded by former U.S. Attorney Preet Bharara — to round out its podcast network. However, for both Vox Media and Cafe Studios, the motivation behind the deal extends beyond the world of audio.

“There’s lots of things we’re thinking about and planning on, not just continuing additional audio podcasts [including narrative series] in the future,” said Bharara, who was joined by Vox Media Studios president Marty Moe, in the latest episode of the Digiday Podcast. The companies are also looking to extend Cafe Studios into documentary television and live events.

Meanwhile, Cafe Studios moves its new parent company further into the subscription business. Vox Media already sells subscriptions via New York Magazine and dabbles in donations via its news publication Vox. But Cafe Studios, which sells subscriptions through its Cafe Insider program, introduces it into the world of subscription-based podcasting.

“One of the attractive things about Cafe is learning from [Cafe Insider] and learning how we can potentially extend that to more of our podcasting business, but frankly how we can connect it to and use learnings for other parts of our subscription business,” said Moe.

NTWRK is taking NFTs into the livestream shopping model Jun 01, 2021

Show notes

The livestream shopping model is coming back around in the U.S. and is not limiting itself to the traditional television channels and "call-now" directives that QVC and HSN have done in past decades.

NTWRK, a livestream shopping company aimed primarily at Gen Z and millennial audiences, launched in late 2018 and has accumulated 2 million consumers since then on its iOS and Android apps, which are currently the only platforms that shoppers can transact on. By 2025, the goal is to increase that number to 50 million, as well as make more than $1 billion in revenue, said Aaron Levant, CEO of NTWRK, on the latest episode of the Digiday Podcast.

The livestream shopping platform sells physical products like art, sneakers, and limited edition products that are created in collaboration with hand-selected artists vetted by NTWRK's merchandising team. But after seeing a surge of interest around NFTs and learning the reasons behind why people pay for digital ownership of online products, Levant said his team realized that physical collectors and digital collectors overlap quite nicely within the NTWRK consumer base. As a result, this month NTWRK we'll be launching an NFT extension on its platform to further tap into these new shopping behaviors.

With a unique insight into e-commerce behavior, Klarna's marketing strategy focuses in on being a part of the cultural conversation May 25, 2021

Show notes

Klarna -- the buy now, pay later fintech company -- is trying to build its user base by becoming part of the culture conversation.

The Swedish-based platform already has a significant base of 90 million global shoppers with 18 million specifically in the U.S., which Klarna CMO David Sandström said is the company's fastest growing market. With access to that many consumers, the past year has been a treasure trove of new data on online shopping behavior, given the pandemic wildly increasing the number of people transacting on the internet.

That said, with more online shoppers, there has been an additional need for Klarna to put its checkout option (paying in up to four payments, versus one) in front of significantly more people, which Sandström said in the latest episode of the Digiday Podcast, led to his team accelerating its advertising strategy in the second half of 2020. Its marketing team has been tasked with leading that charge by getting creative on emerging social media platforms as well as working with media brands and celebrities to tap into its preexisting, trusted audiences and fanbases.

'Trying to push boulders up a hill': The Plug's Sherrell Dorsey on winning the support of advertisers as a Black-owned media company May 18, 2021

Show notes

Not having a background in journalism did not stop Sherrell Dorsey from recognizing a major gap in the coverage of Black and Brown founders and leaders within the tech and business media space. So starting in 2016, Dorsey decided to create her own platform for these voices and stories and launched The Plug as a daily newsletter.

Since founding her own media company, Dorsey spent two years earning her Master's degree in data journalism at Columbia and leaned on her experience working at Uber and Google to build a media company that served a community of thousands.

While 2020 ended up being a great year fiscally for The Plug, particularly from an advertising standpoint, Dorsey said in the latest episode of the Digiday Podcast that the past year has also illustrated the issues that many Black-owned media companies face when it comes to dealing with advertisers and winning business compared to their white counterparts.

Why Hearst's digital-native food brand Delish is getting into print May 11, 2021

Show notes

When Hearst created its internet-inspired food brand Delish six years ago, its product strategy was entirely digital, which was unique within the publisher's portfolio of legacy magazines.

And while Delish may not be one of the "Hearst titans," its playful nature has helped grow the brand's audience and hone a group of super fans who are willing to pay to be closer to the brand in more ways than one, according to Delish editorial director Joanna Saltz on the latest episode of the Digiday Podcast.

Now, Hearst is bullish on building out its reader revenue lines by installing paywalls on its websites and securing more product licensing opportunities tied to its brands. Delish is not exempt from that strategy.

After it successfully created cookbooks and bookazines, the brand will launch a quarterly print magazine as a way to build out its membership offering. Delish is also seeking a stronger connection to its audiences' kitchens with everything from branded ice cream to kitchen appliances, said Dan Fuchs, Delish's vp and CRO.

How the Try Guys took their YouTube channel and turned it into a media company and a TV deal May 04, 2021

Show notes

The Try Guys brand was formed in 2014 by four BuzzFeed producers who wanted to be funny on their company's YouTube channel.

Within four years, the group — Ned Fulmer, Keith Habersburger, Zach Kornfeld and Eugene Lee Yang — realized the brand had enough of a fanbase to buy the rights from BuzzFeed and set out on their own.

Now the Try Guys' company, 2nd Try, has a staff of nearly two dozen, a YouTube channel with more than 7.5 million subscribers, numerous product lines (including hot sauces, teas and a cookbook), a movie, and an upcoming special on the Food Network, all of which have come to fruition since 2018.

In the fourth and final episode of the Digiday Podcast's creator series, Fulmer, Habersberger and Kornfeld talk about how passion is key to growing their company earnestly and organically and how being independently owned allows each other the flexibility for experimentation.

How Sienna Mae Gomez turned into one of TikTok’s top stars Apr 27, 2021

Show notes

Sienna Mae Gomez is a definitive overnight sensation. In August, she posted a video to her secondary TikTok account that attracted hundreds of thousands of views within hours and led her to become one of the platform’s biggest stars.

“I gained a million [views] like every three days. It was crazy. It was just going so fast. From the span of August to maybe October-November-December, I was gaining a million [followers] like every week or two weeks,” Gomez said in the latest episode of the Digiday Podcast.

Gomez’s rapid rise has hardly slowed. If anything, its pace has picked up. In the eight months since posting that video in August, she has accrued more than 22 million followers combined across her two TikTok accounts, signed with Hollywood talent agency ICM Partners, attracted deals with brands including Maybelline and Levi’s, launched a YouTube channel, started her own bathing suit line and is set to star in a reality show on Netflix.

The third guest in a four-part series on individual content creators, 17-year-old Gomez represents a generation who grew up seeing YouTube stars chart a career out of creating videos and posting them online. She also symbolizes how the business of being a creator has matured and how creators today have solidified themselves as part of the Hollywood firmament.

“I think if you told someone back in the 50s, ‘Oh, there’s gonna be an app, and it’s gonna create celebrities.’ They’d be like, ‘That’s literally insane.’ But times are changing,” Gomez said.

Heated founder Emily Atkin shows what it takes to make the transition from staff writer to Substacker Apr 20, 2021

Show notes

The allure of Substack has lured many journalists away from their traditional newsroom roles to a position of becoming their own editors, artists, marketers, accountants, and most importantly, bosses. Emily Atkin was one of the first to feel the draw, leaving her position as a staff writer at The New Republic in September 2019 to launch her climate change-focused newsletter, Heated, that same month.

"I definitely did not have the idea beforehand. I was at the place in my job at the time where I wanted to make a move. I weighed my options [and Substack] seemed like that was what made me the most excited," said Atkin. "I was trying to trust what would be the thing that brought me the most joy and sort of sense of purpose. And that's where the idea came from."

A year and a half later, Heated has more than 40,000 free subscribers and boasts a conversion rate of free to paid subscribers between 8-12%, which Atkin said is the metric she obsesses over to indicate her path to success. With that proof point, she said she is ready to add to her team to deliver more value to the paid subscribers, who represent Heated's sole source of revenue. She did not say how many paid subscribers the newsletter has.

This episode is the second of a four-part series on independent content creators that includes interviews with YouTubers, TikTokers and Substackers. The aim of the series is to show how these individuals — commonly labeled bloggers and vloggers, influencers and freelancers — are essentially turning their passions and hobbies into their own media companies, as well as highlight how this segment of the media industry is becoming more mainstream and setting standards for how digital media companies should approach these platforms themselves.

YouTube stars Alisha Marie and Remi Cruz show how creators have become their own class of media company Apr 13, 2021

Show notes

Alisha Marie and Remi Cruz have built their careers by posting videos to YouTube. But their businesses have grown beyond Google’s digital video platform. Since Marie launched her YouTube channel in 2008 and Cruz debuted hers in 2012, they have diversified to other platforms and revenue sources, including commerce and a joint podcast called “Pretty Basic” that the pair premiered in October 2018.

“Being entrepreneurs or the businesswomen we are today was never the goal or the mindset. It kind of just evolved slowly,” said Marie in the latest episode of the Digiday Podcast.

This episode kicks off a series in which Digiday Podcast co-hosts Kayleigh Barber and Tim Peterson will interview independent content creators, including a Substack writer and a TikTok star. The aim of the series is to show how these individuals — commonly labeled bloggers and vloggers, influencers and freelancers — are effectively forming their own media companies as this segment of the media industry becomes more and more mainstream.

TikTok’s Khartoon Weiss wants brands to stop overthinking their platform strategy Apr 06, 2021

Show notes

TikTok has risen rapidly from being a new platform for marketers to kick the tires on to becoming a staple in some advertisers’ social budgets. “Curiosity, for sure, has exploded. We were a test partner, I would say, in 2020, and 2021 is the year that we want to be trusted,” said TikTok’s head of global agency & accounts Khartoon Weiss in the latest episode of the Digiday Podcast.

The latest sign of that trust is a three-year deal that TikTok has signed with IPG Mediabrands. The deal marks the second arrangement that the ByteDance-owned company has struck with a major agency holding company this year, following a deal with WPP announced in February. The agency holding company deals signal that TikTok has reached a new crest in its relationships with advertisers and agencies — two groups that may still be figuring out how to use the platform — but are invested in that education.

Through IPG Mediabrands’ deal with TikTok, the agency group and platform will hold quarter-long “creator camps” for popular TikTok users to provide feedback on brands’ TikTok strategies and campaigns as a part of a broader program called “creator collective.”

“It’s a new initiative that connects brands with forward-thinking and diverse creators who will advise on strategies and best practices, which is what we honestly get asked about most,” Weiss said.

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