Plex has made a steady but solid push into the mainstream market for media players. Their latest announcement includes future support for podcasts. What this means isn't clear yet but I think the possibility for recommendations of related content for movies and TV shows is a real winner. I love the idea that my media aggregator could recommend a podcast episode with the crew or that a really good fan-site could just show up when I rate a show highly. I'd love to immediately hear someone unpack all of the Easter eggs in an episode of Black Mirror after I finish it without needing to search for it.
As Sarah Perez says, Plex is sustainable and their methodical expansion shows that they are in it for the long term. As a Plex Pass member, I can't wait to see how they expand their services and shift focus beyond just being a front-end for a hard drive.
But Plex has run its business sustainably. Following its seed and its $10 million Series A led by Kleiner Perkins in 2014, the company has been break-even or cash flow positive in more recent months. A small, and still undisclosed, portion of its 15 million registered users is paying for a premium subscription, the Plex Pass, which adds more advanced features to the Plex experience. And with the addition of news, Plex has moved into advertising.
Monday Note is linked more often in my new feed forJean-Louis Gassée's take on Apple. But I've found that Frederic Filloux's series on the modernization of the news media much more interesting. In his April 17 post Filloux applies some of Jeff Bezos' lessons:
Hence the implicit ...
Plex is one of the best investments I've made in any service. In the last month they've announced two major new features:
I'm a lifetime Plex Pass holder and I use a lot of the features. What I find most striking ...
Warning: Thought-pieces may cause mild dystopia and burning sensation during urination. But, they sure are satisfying to write.
I think we are witnessing a transformation of internet publishing beyond the upheaval of the subscription business.1 It's obvious that publishing original content is a fading career opportunity and is ...
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