So … what the hell is Web3? With the Chernin Group’s Jarrod Dicker
Channels with Peter Kafka
Vox Media Podcast Network
4.4 • 585 Ratings
🗓️ 13 January 2022
⏱️ 65 minutes
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| 1:31.2 | 30 days of purchase decencies apply welcome to recode media of Peter Kafka that |
| 1:38.8 | is me and in a minute we're gonna have a really interesting conversation about |
| 1:42.3 | web three we had to do it it's time time to do it. It's going to happen today. But first, a quick note about one of the two big New York Times stories I wrote about last week. You know about this one. You know about both them, of course. You listen to this podcast. The Times is paying $550 million in cash with the Athletic. I wrote about it at the time. You can read that story on box.com for free. No subscription. But here is the TLDR. The Times wants subscribers. That's why it's making the second biggest acquisition in its history. The Athletic has 1.2 million subscribers. The Times thinks it can sell many more subscriptions to the Athletic. It also wants to bundle the athletic with the paper itself and the other add-on that's |
| 2:19.7 | already selling like games and cooking. |
| 2:22.3 | And the athletic is selling because it doesn't make any money and that's why it's selling |
| 2:25.9 | for the same valuation. |
| 2:27.1 | It was valued at two years ago and not the $800 million plus it had imagined at one point |
| 2:32.4 | before the pandemic. |
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