Good morning. Rapper and social media maestro Lil Nas X is back with a new single after over two years, and he emptied the viral stunt toolbox in marketing his latest music video: fake college acceptance letters, lo-fi infomercials, and celebrity impersonator endorsements, to name a few. And it worked. 12 hours later, the video is #1 on YouTube’s Trending charts and already topped 1.3 million views.Β 

Why Music Creators Are Selling CDs

Musician and creator Mary Spender finds value in printing her music on CDs /Guitar.com

Artists and music creators are increasingly expanding to physical music productsβ€”primarily CDs and vinylβ€”to capitalize on a major shift in the music industry: Revenue from retro formats recently hit a decade high, according to the Recording Industry Association of America (RIAA).

β€œI think we’ve gotten to a point where we’re super convenient with all our listening habits,” Mary Spender, a singer-songwriter and YouTube creator who sold 3,000 CD copies of her debut studio album last year, told us.

β€œWe can do everything on our phones, and people are sort of, you know, craving something different,” she said.

Context: Streaming services such as Spotify and YouTube Music still drive the music industry. 84% of U.S. recorded music revenue came from streaming platforms in the first half of 2023, compared to 11% from physical music products, per RIAA.

But young fans are driving the resurgence in physical products as a complement to streaming that can a) further support their favorite artists through direct sales and b) showcase fandom as collectible merch.

  • FYI: Spender said in 2023 that a fan would need to stream her songs 8,333 times on Spotify to net her the same revenue as one CD purchase.

The creator POV: Legacy formats can help creators diversify their storytelling across media and offer collectibles to core fans, as evidenced by MoistCr1TiKaL’s wildly successful comic book or Jabrils’ chart-topping manga.

β€œ[Making the CD] took a lot of headaches, a lot of project management,” Spender told us. β€œThe amount of time I spent on it…I probably lost money by not working as hard on the YouTube channel.”

β€œHowever, this now plays into the credibility factor of being a singer-songwriter…and by making sure that my 1,000 true fans not only want [the CD], but love itβ€”those are the only people you need to worry about,” Spender said.

Creators Distance Themselves from Substack

Internet commentator Ryan Broderick of β€œGarbage Day” (left) and Gen Z writer Casey Lewis of β€œAfter School” (right) have weighed in on moving their newsletters elsewhere / Ryan Broderick, After School

In the last week, several prominent newsletter creators have spoken out about moving their writing off Substack.

Backdrop: Since December, the newsletter company has been accused of platforming Nazis and white supremecists who’ve skirted Substack’s relatively lax content moderation rules.Β 

In response, Substack last month doubled down on β€œupholding and protecting freedom of expression, even when it hurts.”

On Monday, though, Substack changed its tune and banned a handful of pro-Nazi accounts. But not before newsletter creators headed for the exit.

  • Tech writer Casey Newton said that his newsletter has lost paying subscribers not because of Newton’s content, but because of Substack’s actions. Now he’s moving to media platform Ghost.

  • Creators including Gen Z writer Casey Lewis and internet commentator Ryan Broderick have publicly weighed moving to other newsletter platforms.

  • Technology writer Molly White left earlier this month to self-host her newsletter.

Platform Watch: Twitch Downsizes

Twitch laid off about 500 workers this week / Illustration by Moy Zhong

This week, Twitch laid off over one-third of its staffβ€”around 500 peopleβ€”in order to cut costs. Details:

  • Twitch’s downsizing is part of a wider round of layoffs across parent company Amazon.Β 

  • The layoffs come a month after Twitch shut down in Korea.

Twitch CEO Dan Clancy said on a livestream yesterday that Twitch isn’t profitable and gets its funding from Amazon. Twitch is now working to make sure the platform is a manageable size.

  • β€œAmazon has been extremely supportive of Twitch and a big thing of being sustainable overtime is ensuring that we don’t lose money,” Clancy said.Β 

  • β€œWe’ve been very clear about the importance of our efforts to provide more resources to streamers, like our Partner Plus and Ads Incentives Program,” Clancy said. β€œWe still have more than enough resources and will still be able to serve your needs and improve the product.”

Let us know: Are you creating on Twitch? If so, does news like this impact your strategy on the platform? Reply with your thoughtsβ€”we’d love to talk with you for a potential story.

πŸ”₯ Press Worthy

πŸ“š Thank You For Pressing Publish

The content we’re looking forward to reading, watching, and listening to this weekend.

  • Read: Author Freddie deBoer explores how media (from Taylor Swift to identity politics) shape human behaviorβ€”and in some cases, lead to self abandonment.Β 

  • Watch: β€œAre you being rewarded for your talent, or being tokenized for your ability…to not rock the boat too much?” Video essayist F.D Signifier reflects on his success in 2023 as a Black creator on YouTube while exploring Spike Lee’s 2000 film, Bamboozled.

  • Listen: Actor Ike Barinholtz listened to β€œChernobyl levels of poison” to prep for his new satirical podcast on Andrew Tate-type personalities in The Chris Chatman Do-Over.

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