Has Medium lost its way?

If you’re a longtime Medium user like I am, you’ve likely noticed a number of drastic changes to the platform in recent years. At first, the site put significant resources toward producing original journalism on the platform. Then it spun off its homegrown publications and started focusing on luring established media companies to adopt its CMS. It also launched a native advertising program, only to abruptly shutter it and lay off a third of the company’s workforce. Just recently it launched a paid subscription service and drastically revamped its homepage feed. So what is with all these changes? Has the company figured out where it fits in the marketplace, or is it flailing about, still looking for a sustainable business model? To answer this question, I interviewed Renan Borelli, director of audience development at MTV News. Enjoy.