3 ms·
>there are many news sources, everybody wants to get paid, people don’t want to pay for all of them, yet still not content from getting the news from a single s
by inapis 7y ago
>there are many news sources, everybody wants to get paid, people don’t want to pay for all of them, yet still not content from getting the news from a single source.
Don't pay for all of them and BE CONTENT with getting news/information from a small set of outlets you want. Abundance of choice doesn't mean that you have to try out everything under the sun. This is consumer expectations being irrational after an era of free ad-sponsored internet articles. Given a median US income of 60k, most people within this group can definitely budget for 3-4 publications annually. Go lower and people can pay for 2-3 publications. Go lower and you probably don't have time for reading news and have more pressing matters in life. We are no longer primed to pay for content so even paying 10 USD a month is jarring experience for most.
The problem is less of the market and more of the consumer. We went from a lack of information to information overabundance with the advent of internet, google and free articles. Now we want to read/watch/listen to everything which is physically impossible. We think we want to read a couple of articles from every other site but most of us (HN/reddit may be vocal exceptions) end up reading a decent chunk of articles from a small number of sites. I am not pulling these numbers out of thin hair. I am building a much more powerful alternative to pocket/instapaper and these trends are coming from the first set of beta users (albeit small but for which I have no reason to believe also doesn't pan out at significant numbers) from finance, tech and other industries. Even I was surprised when I ran my own set of links and saw that 95% of them were coming from a set of 5-6 publishers at best whose combined annual subscriptions were north of just 200 USD - something I'm happy to and already do pay for.
- atemerev 7y agoIt is very inconvenient to watch over these 5-6 individual subscriptions, especially when I am not interested in 90% of their content (but the content I _am_ interested in can come from anywhere). It is not about money, it is about friction.