Is the NY Times Just a Gaming Platform?
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Slate
3.9 • 1.1K Ratings
🗓️ 8 June 2024
⏱️ 50 minutes
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Summary
Even the Grey Lady struggles to profit from the news. This week, Felix Salmon, Emily Peck, and Elizabeth Spiers are joined by Semafor founder Ben Smith to discuss media profit models, the impact of Google’s AI on the news biz, and the TikTok-ification of information. In the Plus segment: Vivek Ramaswamy comes for Buzzfeed.
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Podcast production by Jared Downing and Cheyna Roth.
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Transcript
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| 0:00.0 | Hello! Hello, welcome to Slate Money, your guide to the business and finance news of the week. |
| 0:18.4 | I'm Felix Ammon of Axios with Emily Peck of Axios. |
| 0:21.4 | Hello, hello? |
| 0:22.4 | With Elizabeth Spires of New York Times. |
| 0:25.4 | We ink-stained wretches of print journalism |
| 0:29.2 | are going to have a whole special show on the media and especially the news media this week and so in |
| 0:37.0 | order to do so there's only really one person we can invite on the show. |
| 0:40.5 | Mr Ben Smith welcome. Thank you guys for having me on welcome back I should say it's always great to have you on the show and this time you are not here to plug a book this time you are here to plug a book. This time you are here to plug a podcast. |
| 0:54.0 | Yeah, I'm very excited and a bit scared to be getting into your line of work. |
| 1:00.0 | We at Semaphore are releasing a podcast called Mixed Signals that will be about media. |
| 1:05.4 | And media for the reasons that it's interesting, for its power over culture and politics, |
| 1:10.4 | finance, and taking the lens of the big media stories you know about Fox News or about |
| 1:16.1 | the New York Times you know or about Disney you know as they cut into these huge themes |
| 1:22.0 | that people around the world in the US are grappling with. |
| 1:25.8 | And because this is the main theme of our show, I need to ask you straight up. |
| 1:30.9 | Who are the advertisers on this show? Who you trying to sell it to? |
| 1:34.8 | The show is sponsored by Think With Google, which is a product of Google's marketing division, which is to say that it's a show about |
| 1:41.1 | media and instead of my having to talk about how I like |
| 1:44.6 | green juice or sleep on some particular mattress the forum of the |
| 1:49.4 | sponsorship is a conversation with this very interesting and powerful Google marketing executive named Josh Spaneer |
| 1:55.3 | about his theories about marketing. So the essentially it's a media product |
| 1:59.8 | about media whose advertisement is about advertising which is sort of satisfyingly |
... |
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