From The Atlantic, “The Like Button Ruined the Internet”:
In the Google Reader days, when RSS ruled the web, online publications — including blogs, which thrived because of it — kept an eye on how many subscribers they had. That was the key metric. They paid less attention to individual posts. In that sense their content was bundled: It was like a magazine, where a collection of articles is literally bound together and it’s the collection that you’re paying for, and that you’re consuming. But, as the journalist Alexis Madrigal pointed out to me, media on the web has come increasingly un-bundled—and we haven’t yet fully appreciated the consequences.
When content is bundled, the burden is taken off of any one piece to make a splash; the idea is for the bundle—in an accretive way—to make the splash. I think this has real consequences. I think creators of content bundles don’t have as much pressure on them to sex up individual stories. They can let stories be somewhat unattractive on their face, knowing that readers will find them anyway because they’re part of the bundle. There is room for narrative messiness, and for variety—for stuff, for instance, that’s not always of the moment.
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Madrigal suggested that the newest successful media bundle is the podcast. Perhaps that’s why podcasts have surged in popularity and why you find such a refreshing mixture of breadth and depth in that form: Individual episodes don’t matter; what matters is getting subscribers. You can occasionally whiff, or do something weird, and still be successful.
Imagine if podcasts were Twitterized in the sense that people cut up and reacted to individual segments, say a few minutes long. The content marketplace might shift away from the bundle—shows that you subscribe to—and toward individual fragments. The incentives would evolve toward producing fragments that get Likes. If that model came to dominate, such that the default was no longer to subscribe to any podcast in particular, it seems obvious that long-running shows devoted to niches would starve.