Complex is a digital media survivor. It has lived many lives, including as a magazine, a dot-com, an ad network, Go90 (RIP) provider, YouTube showrunner, events organizer, hot sauce merchant, neglected BuzzFeed brand, and now in its latest iteration as a commerce engine. Complex President Moksha Fitzgibbons joins the show to discuss his return to Complex, where he was an integral part of the founding team going back to its Marc Ecko days, and how the youth culture brand is betting on combining its reach and engagement with the live shopping platform of NTWRK, which bought Complex for $108 million in February. Moksha discusses how the brand plans to focus increasingly on driving commerce and far less on selling advertising. Plus: Brian and Troy discuss the news industry’s current meltdown at the prospect of Donald Trump returning to the White House.

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There’s a new consensus about the media business that is emerging. The past is not coming back, that much is for certain. The challenges are well known, and the bright spots — and they exist — tend to be smaller and harder to scale.

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Mass media’s extinction event has come first for text content. Text is increasingly being "pushed down the stack" and commoditized due to AI's ability to generate, manipulate, and reformat text content. This shift is forcing media companies that primarily deal in text to adapt or risk becoming obsolete. While text isn't disappearing entirely, its role is changing. It's becoming more of an input for other forms of media rather than the primary output. Meanwhile, other parts of media are gaining in influence. This will turn out to be the podcast election, as Kamala Harris prepares to make her closing case to… Joe Rogan while continuing to snub mass media like Time and the New York Times. We also discuss the power of Fortnite, which points to a future of media where content is a means to an ends. In the case of Fortnite, that ends is a combination of a place to hang out, a hub for commercial events like virtual concerts, a competitive environment premised on participation rather than inert consumption, and a communication medium. Plus: Bill Gates is apparently a good product.

• Cabel Sasser, Panic - XOXO Festival (2024)
• Watch us on YouTube
• Troy Young's People vs Algorithms newsletter
• Brian Morrissey's The Rebooting newsletter
• Alex Schleifer's Human Computer
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