Chapter
The Psychology of Paying for Free Content
07:14 - 12:07 (04:52)
The host discusses the psychology behind people paying for free content and the appeal of live streaming, highlighting the idea that people are willing to pay for a slightly different packaged product.
Clips
In this podcast, the hosts discuss the challenges of monetizing aggregator platforms like Flipboard and Pocket, which have large user bases but struggle to generate revenue.
07:14 - 08:21 (01:06)
Summary
In this podcast, the hosts discuss the challenges of monetizing aggregator platforms like Flipboard and Pocket, which have large user bases but struggle to generate revenue. They compare them to successful subscription-based models like The Athletic and legacy publishers like The New York Times and The Wall Street Journal.
ChapterThe Psychology of Paying for Free Content
Episode#69 - Paid News, Burning Money & Solving Climate Change
PodcastMy First Million
Live streaming is a popular phenomenon in China, partially due to the appeal of virtual intimacy and interactions that feel taboo in the country's culture, as well as the scarcity of other online entertainment options.
08:21 - 10:35 (02:13)
Summary
Live streaming is a popular phenomenon in China, partially due to the appeal of virtual intimacy and interactions that feel taboo in the country's culture, as well as the scarcity of other online entertainment options.
ChapterThe Psychology of Paying for Free Content
Episode#69 - Paid News, Burning Money & Solving Climate Change
PodcastMy First Million
The speaker highlights the idea of how people are willing to pay for things that are usually available for free or come with a freemium, as long as it is packaged differently.
10:35 - 12:07 (01:32)
Summary
The speaker highlights the idea of how people are willing to pay for things that are usually available for free or come with a freemium, as long as it is packaged differently. Additionally, he suggests that charging upfront proves to be more successful.