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What Is The Online Media Trend In 2017 After Trump's Inauguration?
[Image: 20170117200751-GettyImages-518846088.jpeg]

If you create content -- and who doesn't -- your world is about to change.

If you missed Donald Trump’s news conference last week, you missed an event like no other. The president-elect was in rare form, refusing to take questions from CNN White House correspondent Jim Acosta and telling him “you are fake news.” He also called BuzzFeed “a failing pile of garbage.”
Trump was incensed over the media outlets’ reporting on unsubstantiated claims that he has ties to Russia. CNN simply reported on it, but BuzzFeed posted the salacious dossier in its entirety. The question of whether that was a good move or not will probably be debated for months to come.
In any case, I do believe Trump holds a grudge.
Meanwhile, Facebook is making a big move to improve “news literacy” in an effort to combat the growing scourge of fake news. While I don’t think misreporting affected the election, as some believe, I doubt if anyone would argue that the web has become a cesspool of misinformation masquerading as real news.
The question is, will the coming Trump era cause journalists to think twice before publishing claims from dubious sources, or embolden them to throw caution to the wind and dare the president-elect to sue them for defamation? That’s anyone’s guess, but I think the click-hungry media world is in for a wild ride in any case.
If you generate content in any form (and who doesn’t?) here’s how I see the online media landscape shaping up over the coming years, and how you can benefit from the changing competitive landscape.
The honeymoon is over for new media companies.

Venture capitalists and media giants have invested heavily in online publishers like Business Insider, BuzzFeed, Vox and Vice, but that’s starting to fizzle out as the private equity bubble continues to deflate. Venture deals hit a multiyear low last quarter, and so did investments in media startups, according to CB Insights.
Meanwhile, Medium recently laid off a third of its staff, Salon saw major budget cuts last year, and BuzzFeed slashed its 2016 revenue forecast in half. And while user and revenue growth are big deals, going forward, investors will be looking for high-quality growth, meaning low-burn rates and profitability.
Beware, or you’re liable to commit libel.

Rolling Stone lost a high-profile defamation case this year, and Gawker Media was forced into bankruptcy by a $140 million lawsuit over a Hulk Hogan sex tape. The latter was bankrolled by Trump’s man in Silicon Valley, billionaire venture capitalist and serial entrepreneur Peter Thiel.
The lesson being, the First Amendment has its limits. Anyone who generates content needs to read up on defamation and libel. And that means you, Ben Smith (BuzzFeed editor-in-chief).

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