Media companies race to build direct relationships with audiences
Facing the dominance of the platforms, publishers and broadcasters sought to connect directly with their audiences.
Media companies raced this year to build direct relationships with their audiences, as publishers, broadcasters and other content producers sought to reduce their dependence on the dominant technology platforms and to forge direct connections with the consumers of their content.
The push reflected growing recognition among media companies of the risks of relying on the platforms, which controlled much of the distribution of and access to their content and captured much of the associated revenue, leaving media companies vulnerable to the platforms' decisions.
Media companies pursued direct relationships through a range of strategies, including launching their own streaming services and apps, building subscription and membership models, cultivating email newsletters, and developing other means of reaching and engaging audiences directly.
The strategy aimed to give media companies greater control over their relationships with audiences, their revenue and their data, reducing their reliance on the platforms as intermediaries and building more sustainable and resilient businesses.
The shift was part of the broader response of the media industry to the disruption wrought by the platforms and the collapse of the traditional advertising model, as companies sought new ways to fund and sustain their operations in a transformed landscape.
The race to build direct relationships with audiences marked an important strategic shift in the media industry, as companies sought to reclaim control and to establish more direct and sustainable connections with the consumers of their content. While the challenge of competing with the platforms and building viable direct businesses remained formidable, the push reflected a determined effort by media companies to adapt to the realities of the digital age and to secure their future in a landscape dominated by the technology giants.