Matt Deegan

The Media Club · 1 November 2024 · 48 min

The $2m Email

With Craig Strachan

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In this episode of The Media Club, hosts Matt Deegan and Tara Conlan discuss the Washington Post's decision not to endorse a US presidential candidate, which led to a 10% drop in subscribers (about 250,000), while the Guardian gained $2 million in support following an email from its US editor Betsy Reed. They also cover Channel 4's Ian Katz's comments on drama strategy, the BBC World Service funding deal, the dangers of working in TV production, and GB News's Ofcom fine. Guest Craig Strachan, CEO of Novel, discusses the success of their podcast Kill List, the launch of The Bunny Trap, and the strategy of selling podcast IP to Hollywood. The episode includes a media quiz using Google's NotebookLM.

Key takeaways

  • The Washington Post lost about 250,000 subscribers (10%) after deciding not to endorse a US presidential candidate, while the Guardian gained $2 million in support following an email from its US editor Betsy Reed.
  • GB News was fined £100,000 by Ofcom for breaching impartiality rules in a Rishi Sunak interview.
  • Novel's CEO Craig Strachan discussed the success of 'Kill List' and the launch of 'The Bunny Trap', highlighting the strategy of selling podcast IP to Hollywood.
  • Tara Conlan's investigation into TV production revealed widespread exhaustion among runners and freelancers, with calls for industry change.
  • The Observer's potential sale to Tortoise Media is causing concern among journalists, with questions about funding and the Scott Trust.
  • Channel 4's Ian Katz discussed the performance of 'The Gathering' and the channel's focus on streaming and youth audiences.
  • The media quiz used Google's NotebookLM to generate podcast-style summaries of news stories.

In this episode

  • Welcome and Listener Survey0:00 · Introduction and annual listener survey promotion.
  • Amelia Dimoldenberg and Saoirse Ronan0:46 · Discussion of positive media figures.
  • Channel 4's Ian Katz4:18 · Discussion of Channel 4's drama strategy and Ian Katz's comments.
  • Washington Post's Subs9:45 · Analysis of Washington Post subscriber loss and Guardian gain.
  • Podcast Discovery and PodShop19:07 · Sponsor reads for Podcast Discovery and PodShop.
  • GB News20:55 · Discussion of GB News's Ofcom fine.
  • Novel24:34 · Interview with Craig Strachan about Novel's success and plans.
  • Freelance Exhaustion30:55 · Discussion of dangers of working in TV.
  • Media Quiz38:00 · Media quiz using NotebookLM.
  • Welcome and Intro0:00 · Matt and Tara introduce the show and topics.
  • Washington Post Subscriber Loss9:45 · Discussion on the Washington Post's non-endorsement and subscriber drop.
  • Novel Interview24:34 · Craig Strachan discusses Kill List, The Bunny Trap, and IP sales.
  • Freelance Exhaustion30:55 · Tara Conlan discusses her Guardian piece on TV production exhaustion.
  • Media Quiz38:00 · Quiz using NotebookLM to guess media stories.

Notable quotes

“That's what every woman thinks, actually”

Saoirse Ronan · 0:00

“Democracy lies in darkness”

Arnold Schwarzenegger · 0:00

“Comment is free, but facts are sacred”

Tara Conlan · 0:00

“I don't think the plan for the beginning was for it to take four years. Obviously, there have been pandemics and lockdowns and things in between there. But we've learned a lot from the production process, but I don't think we could be any prouder with what we've come up with.”

Craig Strachan · 0:00

“I would rather be known for being a really great employer than for delivering a 1% improvement on a profit margin on a show.”

Craig Strachan · 0:00

“It's a multi-billion pound industry you know the PAC's latest figures is what's it four billion pound plus you know high-end TV there's a lot more money There is there are funds investing in the content creation space, multi-billion pounds. Some of that can go to fixing this issue, I think, before someone dies.”

Tara Conlan · 0:00

Discussed

Washington Post · The Guardian · Channel 4 · BBC World Service · GB News · Novel · Tortoise Media · The Observer

Also mentioned: Amelia Dimoldenberg · Saoirse Ronan · Ian Katz · Jeff Bezos · Will Lewis · Lisa Nandy · Arnold Schwarzenegger · Andrew Garfield · Graham Norton · Paul Mescal · Denzel Washington · Eddie Redmayne · Jack Lowden · Ollie Madden · Betsy Reed · Donald Trump · Rishi Sunak · Jordan North · Emma Gannon · Jonathan Munro · Ian Rumsey · Maureen Hyde · Bruce Witherspoon · Carl Miller

Mentioned or recommended

  • The Gathering · tv show · World Productions
  • Kill List · tv show · Novel
  • The Bunny Trap · tv show · Novel
  • Help I Sexted My Boss · podcast · Jordan North and William Hanson
  • Chicken Shop Date · tv show · Amelia Dimoldenberg
  • Day of the Jackal · tv show · Eddie Redmayne
  • Graham Norton Show · tv show · Graham Norton
  • NotebookLM · product · Google
  • Windows 10 · product · Microsoft
  • Rivals · tv show · Disney+
  • Brian Walden and Margaret Thatcher interview drama · tv show
  • The Girlfriends · podcast · Novel
  • The Dropout · tv show · Michael Showalter
  • The Shrink Next Door · tv show · Michael Showalter
  • The Rest Is Politics · podcast · Goalhanger
  • The Rest Is Entertainment · podcast · Goalhanger
  • The 100 · event · ECB
  • The Franchise · tv show