Next in Media

In this episode, I sit down with David Freeman, who just launched Kynetic Media Partners after an incredible 15-year run at CAA. David was one of the first executives I knew who truly understood the business impact of digital talent and the creator economy - back when most people in Hollywood were still asking "why do you care about that?" He walks us through his journey from starting CAA's digital department in 2010 (when they were the "redheaded stepchildren" of the agency) to today, where the creator economy is tracking toward $37 billion by 2027. Now he's building the infrastructure to turn fandom into real enterprise value. We dive deep into how tech companies have become Hollywood, the rise of mega-creators like MrBeast who are building billion-dollar businesses, and how AI is about to revolutionize content creation in ways we can barely imagine. David shares insights on creators who are successfully building mini media empires (think Dude Perfect, Rhett & Link, Jesser), the critical need for proper operators and infrastructure around talent, and why we're likely to see consolidation and big exits in the creator space. It's a masterclass in understanding where media, culture, and commerce are headed. --- Key Highlights🚀 The Big Leap: After 15 years building and leading CAA's digital talent division, David left to launch Kynetic Media Partners - focused on turning fandom into enterprise value with infrastructure, strategic capital, and expertise. 💡 From Stepchildren to Stars: In 2010, digital departments were "redheaded stepchildren" at agencies. Today, the creator economy is tracking toward $37 billion by 2027, and tech companies have become Hollywood. 🎬 The MrBeast Phenomenon: David breaks down how Jimmy Donaldson built a billion-dollar business with deeper engagement than traditional media, and why he represents the future of entertainment. 🤖 AI Revolution Ahead: The potential for AI to transform content creation is massive - from animation that rivals Pixar to community-driven development cycles that release new episodes in weeks, not years. 🏢 Mini Media Empires: Creators like Dude Perfect (with their $100M investment), Rhett & Link, Dahr Mann, and Jesser are building real media companies - but success requires proper operators, not just talent. 📊 Infrastructure Matters: The biggest gap in the creator economy isn't talent or fandom - it's the lack of infrastructure, operators, and strategic capital to help creators scale into sustainable businesses. 🔮 Consolidation Coming: Expect to see legacy media companies acquire creator businesses, channel aggregation (like old cable models), and agencies potentially hosting their own upfronts with talent networks. 🎯 Where Culture Lives: The creator space isn't just about entertainment - it's where culture is being born, and brands need to understand that talent is now distribution. --- Resources & Next Steps🔗 Follow David Freeman on LinkedIn 🎧 Subscribe to Next in Media on Apple Podcasts --- YouTube Chapter Timestamps00:00 Cold open - Keyman risk and YouTube dominance 00:55 Episode intro - David Freeman and Kynetic Media Ventures 01:24 Meet David Freeman, founder of Kynetic Media Ventures 01:49 Why David left CAA after 15 years 02:26 The creator economy arbitrage moment 04:00 Turning fandom into enterprise value 05:30 The evolution from digital talent to creator economy 06:32 How tech became Hollywood 07:50 YouTube vs traditional talent discovery 08:30 Legacy media in the early innings of YouTube 09:00 Madison Avenue grapples with YouTube's TV dominance 10:20 Creators must build IP and brands 11:30 Netflix vs YouTube - the talent war 13:00 IShowSpeed's Speed Goes Pro - ownership over distribution 14:30 Mr. Beast and the Amazon deal 16:10 Amazon's creator strategy beyond Prime 18:20 Making creator partnerships easier at scale 20:00 CMOs admit 20-30% of spend lacks attribution 21:20 The most dynamic time in media history 23:20 AI hype vs AI reality 25:00 AI as a tool controlled by humans 26:00 The CAA Vault and name, image, likeness 27:10 How many creators can become media moguls? 28:20 Building teams - good operators win 30:00 Will legacy media buy creator companies? 31:10 The rebirth of networks and agency upfronts 32:10 Wrap-up and what's next