Examples such as the Silicon Valley
subscription - only newsletter The Information, the stripped - down newsletter service TinyLetter, or podcasting
businesses like Gimlet Media, are all fringe examples of
innovative businesses which are creating products away from the control of social platforms.
«The future of the media industry will require a long - term program of reform to increase competition and dismantle protections that continue to skew investment away from
innovative technology and towards old
business models,» said Australian
Subscription Television and Radio chief executive Andrew Maiden.