What BuzzFeed and Vice's Declines Tells You About Media Businesses #2454 - a podcast by Eric Siu & Neil Patel

In episode #2454, we talk about what BuzzFeed and Vice's declines tell you about media businesses. Once valued at nearly $6 billion, Vice is reportedly preparing to file for bankruptcy, becoming the latest in a string of media empires to collapse with dwindling interest and revenue. The decline of Vice follows shortly after BuzzFeed News announced its closure in April, a move that brings a pioneering era of digital journalism to a close. What happened? And what can you learn from it? Join us as we discuss why this is happening, what we think these companies could have done differently, and more!
TIME-STAMPED SHOW NOTES:[00:00] Today’s topic: What BuzzFeed and Vice's Declines Tell You About Media Businesses.[00:55] Reasons that digital media companies are declining.[01:53] Why do we recommend monetizing a product or service, not media?[03:05] How Logan Paul’s PRIME illustrates the value of leveraging your distribution.[04:29] Ways to increase profit margins using equity.[04:57] Why it’s the size of your market, not your audience, that matters.[06:15] That’s it for today! Don’t forget to rate, review, and subscribe!Go to https://www.marketingschool.io to learn more!

Links Mentioned in Today’s Episode:Don’t forget to help us grow by subscribing and liking on YouTube!

ViceBuzzFeed News


Leave Some Feedback:What should we talk about next? Please let us know in the comments below

Did you enjoy this episode? If so, please leave a short review.Connect with Us: 



Single Grain<

NP Digital<

Twitter @neilpatel Twitter @ericosiu




Learn more about your ad choices. Visit megaphone.fm/adchoices

Further episodes of Marketing School - Digital Marketing and Online Marketing Tips

Further podcasts by Eric Siu & Neil Patel

Website of Eric Siu & Neil Patel