Pitchfork lived and died by the internet

  • 📰 verge
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 67%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Pitchfork, founded in 1996, rose to power with the MP3 era. But a combination of music industry consolidation, the switch to streaming, and a sale to Condé Nast took it down.

Last year, in an appearance on Rick Rubin’s podcast, Nine Inch Nails’ Trent Reznor observed that over the course of his career, music has become more ubiquitous — and, simultaneously, less special. “I kind of miss the attention music got … not that I’m that interested in a critic’s opinion, but to send something out into the world and feel like it touched places.

“We made a decision that we had to make at a time that was a difficult time in media,” Schreiber said of the sale on Popcast. Banner ads, the way Pitchfork had originally made money, were less valuable with the rise of social media and influencer marketing, he added. The acquisition almost made sense. Condé Nast is known for tastemakers: Vogue, in fashion; The New Yorker, in literature; Vanity Fair, in celebrity.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 94. in BUSİNESS

Business Business Latest News, Business Business Headlines