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The entire Hollywood mythology was built around being "discovered," and elevated to fame and stardom, and arguably it's main product wasn't movies, it was hope.
by motohagiography 9y ago
The entire Hollywood mythology was built around being "discovered," and elevated to fame and stardom, and arguably it's main product wasn't movies, it was hope.
If I were Conde Nast, I would use reddit as a farm team for finding, creating, and monetizing internet celebrities through its "legit," properties the way that movie studios created vehicles to profit from actors.
Costs them hardly anything to talent scout redditors and try them out in other publications, then promote the story back of how success story X was "discovered," on reddit.
Keeps their monetization platforms hands clean, while bringing a steady stream of talent to market. The difference between hollywood and Conde Nast is that now, Conde Nast literally owns that talent source instead of relying on a bunch of agents.
- maxerickson 9y agoCondé Nast doesn't own reddit, the parent company to Condé Nast, Advance Publications, is the majority owner of reddit, but not the only shareholder. Block me on Twitter!
- motohagiography 9y agoGood color. Single party has control of Conde Nast and Reddit, so while there is a legal distinction, this isn't a correction to the basic business dynamic.