Traditional media models, and even some of the digital ones, are either under pressure or outright broken. Some journalists have responded by going out on their own, leveraging a new group of startups that help them self-publish and monetize their work.
Axios Re:Cap digs in with Chris Best, CEO of Substack, which has more than 250,000 paying subscribers on its writer network.
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Netflix's stock was down more than 5% in after-hours trading Tuesday after the tech giant reported that it missed expectations on global subscriber growth for the quarter.
Why it matters: Netflix experienced explosive growth during the first half of the year. It wasn't expected to match that growth this quarter, when lockdowns lifted and after new competitive services had launched, but analysts were still expecting it to meet expectations of at least 3.3 million net new global subscribers.
Americans‘ trust in Joe Biden to provide accurate information about the coronavirus has grown across the board since his election win, according to the latest installment of the Axios-Ipsos Coronavirus Index.
Between the lines: It's the first time Biden won the trust of more than 50% of Americans since the poll started asking the question in August. But with the exception of Democrats, who are with him already, he still has room to grow.
Republicans are losing power where power matters most at the national level: in politics, media, technology and the workplace.
Why it matters: Republicans often felt mistreated when they had real power in the form of the presidency and Senate. Watch Fox News or listen to Ben Shapiro, and you will see and hear how this new isolation will feed Republican worries and grievances in the months ahead.
Commercial airlines might be struggling, but small private jets are busier than ever, especially in Florida and other Sunbelt destinations.
The big picture: Untethered to their homes and offices during the pandemic, the wealthy are escaping to vacation homes and ski resorts — and paying handsomely to avoid commercial flights.
