Why Independent Media is Crushing the Traditional Press with Substack Founder Hamish McKenzie

Substack co-founder and chief writing officer Hamish McKenzie joins Aidan McLaughlin on Press Club for a wide-ranging chat about the platform’s explosive growth, why he believes the traditional media model is broken, and the future of the industry. They also discuss Trump-era attacks on the press, Elon Musk's efforts to buy Substack -- and his subsequent crackdown on the platform -- and what the rise of independent media means for journalism. Subscribe to Mediaite: https://www.youtube.com/@Mediaite?sub_confirmation=1 Welcome to Mediaite, the most-read source in the world for news and opinion on the intersection of media and politics. FOLLOW MEDIAITE: https://www.mediaite.com/ http://instagr.am/mediaite http://twttr.com/mediaite http://fb.me/mediaite A trusted source for millions of readers, Mediaite delivers breaking news and sharp opinion on the media industry — from independent media to cable news — as well as the latest in politics out of Washington DC and beyond. Our team of experienced journalists, with perspectives from across the political spectrum, serves up breaking news, analysis, and opinion with speed and rigor. Chapters: 00:00 – Chaos of Social Media 02:00 – Substack’s Broad Vision 04:00 – Content Moderation Debate 06:00 – Monetizing Trust Relationships 08:00 – Substack vs. Big Tech 12:00 – Creator Economy Potential 16:00 – Elon Musk Conflict 20:00 – The Future of Media #Substack #CreatorEconomy #MediaRevolution