Big Ten Blame

The Big Ten’s recent expansion is being blamed on Fox and ESPN, but it is actually an example of content extracting maximum value through consolidation

Summer Break: Week of July 4th

Stratechery is on summer break the week of July 4. There will be no Weekly Article or Updates. The Daily Update will resume on JulySubscribe to Stratechery Plus to receive full access to Stratechery and a whole lot more. If you already have a subscription, sign in. $12 per month or $120 per year Subscribe […]

Spotify, Netflix, and Aggregation

The original definition of Aggregation Theory emphasized the importance of commoditized supply; that makes Spotify more of an Aggregator than Netflix

An Interview With Brex Co-Founder and Co-CEO Pedro Franceschi

An interview with Brex co-founder and co-CEO Pedro Franceschi about what makes Brex unique, why it is pushing into software, and what drove its decision to cut off a big portion of its customer base.

Data and Definitions

Explaining exactly why Apple’s approach to ATT is anti-competitive