4 ms·
I tend to think that the low takeup suggests that we already overprice some of these news services. Some also seem to be oddly priced for marketing reasons (fo
by hakfoo 8y ago
I tend to think that the low takeup suggests that we already overprice some of these news services. Some also seem to be oddly priced for marketing reasons (for example, to make the print paper look like a good deal to potential online-only customers).
But on a network-of-services level, you also have a "value plateau" effect on both the supply and demand side though.
Each news source you add to a network typically provides a little less value than the one before. By the time you've got 100 newspapers in the network, number 101 is probably only contributing a few articles a year that weren't handled first or better by other papers, so nobody's going to pay much more to get it in their subscriptions.
And for readers, the number of interesting articles and the amount of time we have to read doesn't grow nearly as fast as the sheer number of available articles, so each additional provider doesn't produce that much more consumption.
So to be seen as a good value, we need a pricing model that tracks those "plateaus".
- speedplane 8y agoThere actually aren't too many national news gathering services in the U.S. You generally have NYT, WashPo, Reuters, AssocPress. Even LATimes, BostonGlobe, and ChicagoTribune, which are big, focus most of their real reporting locally. So for most general national news, there really isn't as much content as many would think, and adding each one still brings significant value. The 100s of newspapers you refer to derive most of their content from the big ones, and maybe add their own analysis and slant. A subscription model that provides access to 2 or 3 of the big ones, plus 1 or 2 local ones, and 1 or 2 special interest ones seems to make a lot of sense.