• CatOP
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    20 hours ago

    Just a reminder, 404 Media is still operating for profit.

    • LandedGentry@lemmy.zip
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      20 hours ago

      I’m fine with that if it’s collectively owned by the people who are doing the actual work.

      • CatOP
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        18 hours ago

        I understand, but that does not change the fact that they will always be looking to maximize their profit.

        • BertramDitore@lemm.ee
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          18 hours ago

          To add some context, one nice thing about the independent model 404 Media has gone with is that they tell us exactly what their motivations are, in their own voices (it’s only four people). On their podcast they’ve been very open about what they want, and maximizing profit is not it. They’ve talked honestly about what it costs to operate, and they’ve said the infinite growth model is not what they want to emulate. They just want to keep doing good journalism, they are not in it to get rich. Since I believe and trust their journalism, I’ll choose to believe them on the business side too, and that’s up to everyone to decide.

          I think they’re in touch with their readership enough to know that they’d lose a ton of subscribers if they sold out or started making terrible profit-driven decisions.

          But who knows, I don’t know them personally so they could just be really really good liars.

          • CatOP
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            9 hours ago

            They literally have ads and paywalls. Both.

            You can check the website, but they even written a garbage article about how the internet had lewd thoughts about the female avatar of the christian church.

            I don’t know what they need to do more to show you that they are looking to maximize their profits.

            People don’t understand that better capitalism is still capitalism.