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Earn Your Leisure

Is the Creator Economy Dying or Thriving? What's Next for the Industry

Earn Your Leisure

iHeartPodcasts

Education, Entrepreneurship, News, Business News, Investing, Careers, Business

4.87.8K Ratings

🗓️ 16 November 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

Join hosts Troy Millings and Rashad Bilal in this insightful clip of EYL as they sit down with Moksha Fitzgibbons, a leading voice in the media and creator economy. This week, we delve deep into the dynamics of the creator economy and its sustainability. Is it really a recession for creators, as some claim? With a flood of creators entering the space, how do the few at the top continue to thrive while others struggle to monetize their content?


Moksha Fitzgibbons shares his expert insights on how successful creators find their niche and deliver value to their audiences, ultimately attracting brand deals with major companies like Samsung and Ray-Ban. He emphasizes the importance of designing high-quality content to break through the saturated media market, despite the barrage of everyday content on platforms like Instagram, TikTok, and YouTube.


Rashad Bilal raises thought-provoking questions on whether the overwhelming sea of content is overshadowing genuinely valuable content, much like the declining quality observed in music genres such as hip-hop. Moksha offers a balanced viewpoint, acknowledging the increase in access and creativity these platforms provide, while stressing the importance of maintaining high standards and ethical journalism.


The discussion also covers the role of critical journalism in the age of citizen journalism and the need for journalists who adhere to ethical standards. Moksha argues for the necessity of trustworthy journalists to provide critical analysis, as opposed to flattery-filled content with no critical depth.


Troy Millings steers the conversation towards how media companies stay youthful and relevant in their content creation. Moksha highlights the importance of youth perspective and finding fresh talent to stay ahead of the curve. He shares compelling stories about discovering new talent organically, from behind-the-camera producers to on-screen stars, illustrating the dynamic strategies at play in their organization.


If you're navigating the challenges of the creator economy or simply intrigued by its rapidly evolving landscape, this episode is a must-watch. Gain valuable insights, learn from expert opinions, and understand what's critical for thriving in this unprecedented time of infinite content.


*Hashtags:*

#EYLMEDIUM #CreatorEconomy #MokshaFitzgibbons #ContentCreation #BrandDeals #Journalism #MediaTrends #YouTube #TikTok #Instagram #Influencers #HighQualityContent #EthicalJournalism #NewTalent #ComplexMedia


Don't forget to like, comment, and subscribe to our channel for more enlightening discussions and expert insights every week! Hit the bell icon to stay updated with our latest videos.



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Transcript

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0:00.0

Hey, come on in.

0:02.3

Small Business Saturday is right around the corner.

0:04.8

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0:15.2

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0:23.7

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0:26.8

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0:30.2

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0:57.2

Learn more at Americanexpress.com slash amex business.

1:00.2

What's your thoughts on the creator economy?

1:04.3

A lot of people are saying that it's like a recession for creators.

1:07.0

And you have a few people at the top that's doing well and the vast

1:12.5

majority of people that's making viral content never make any money yeah so

1:17.3

is it sustainable like where do we go from here as far as what has been coined

1:23.9

as the creator economy. Yeah.

1:33.7

I think, you know, a lot of people flooded the zone, right?

1:37.6

So there's a dearth of creators out there.

...

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