Pitchfork lived and died by the internet

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Pitchfork, founded in 1996, rose to power with the MP3 era. But a combination of music industry consolidation, the switch to streaming, and a sale to Condé Nast took it down.

Last year, in an appearance on Rick Rubin’s podcast, Nine Inch Nails’ Trent Reznor observed that over the course of his career, music has become more ubiquitous — and, simultaneously, less special. “I kind of miss the attention music got … not that I’m that interested in a critic’s opinion, but to send something out into the world and feel like it touched places.

“We made a decision that we had to make at a time that was a difficult time in media,” Schreiber said of the sale on Popcast. Banner ads, the way Pitchfork had originally made money, were less valuable with the rise of social media and influencer marketing, he added. The acquisition almost made sense. Condé Nast is known for tastemakers: Vogue, in fashion; The New Yorker, in literature; Vanity Fair, in celebrity.

Source: News Formal (newsformal.com)

 

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