Would be interesting to compute the distribution difference. I bet it has a fatter tail and head, and weaker “middle class.” I’d also bet per capita spend on subscription is higher but sector revenue is lower since there’s weak/no ad subsidy. Democratization lies in the diff.
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The creator economy is failing to spread the wealth
—Top 1% of Twitch streamers earn 50%+ all revenue
—Top 1% podcasters earn almost all ad revenue
—Top 10 Substacks make $20M
Tipping and micropayments may help solve this. But prob not meaningfully or soon
axios.com/creator-econom





