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Those companies converged primarily on an ad-supported business model. This is how attention merchants make monetize their business models. For example, Google makes money by leveraging users’ data, combined with its algorithms sold to advertisers for visibility. In an asymmetric business model, the organization doesn’t monetize the user directly, but it leverages the data users provide coupled with technology, thus having a key customer pay to sustain the core asset. Take the example of attention merchants like Google and Facebook. In fact, most attention-based businesses went for an ad-supported-only business model in the digital era. With a business model that mixed subscription and ad-supported revenues, Spotify is among the few who managed to make this model work for media.

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