Jeffrey Edell

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Fans are becoming stakeholders and it’s changing the landscape of entertainment as we know it today.

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A decentralized platform might struggle to retain users who have grown accustomed to highly personalized content.

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Instead, companies should work toward creating and setting strict guidelines for handling personal data, digital identity and users’ privacy, regardless of their origin. 

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Start with developing confidence in your business and what you have to offer. To be “the best in the business,” a business leader must first get intentional about owning their niche. This means finding ways to stand out from the competition, nailing down a distinct point of view and committing to learning and growing as a leader and as a business. While ignoring these steps, and others, may not mean a business will fail, it is likely that, as a result, the business will never rise to the top. Here, 13 members of Rolling Stone Culture Council elaborate further on the key steps business leaders will need to take if they really want to own their niche and why these particular strategies will ensure business success for a long time to come.

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The legal actions against Meta serve as a stark reminder that the status quo is not set in stone.

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Leaders could evaluate how platforms could support journalists and creators so they can monetize their work and be compensated.