4 ms·
It solves the problem only partially: newspapers can't live from small payments on popular articles only, they need bundling to generate enough volume. Same th
by ako 6y ago
It solves the problem only partially: newspapers can't live from small payments on popular articles only, they need bundling to generate enough volume.
Same thing can be seen with music industry: spotify doesn't pay enough per play, so artists are now told to use spotify as marketing, and make money from performances.
Not sure what a newspaper performance would look like.
- bigiain 6y ago> Not sure what a newspaper performance would look like. An election? /s
- jeegsy 6y agoThat is excellent
- Nextgrid 6y ago> newspapers can't live from small payments on popular articles only Printed newspapers were surviving just fine despite selling for a few bucks despite it being a physical piece of paper that needed to be printed & delivered on very tight schedules. The same model should be applied for the web - the price point is already proven to be affordable enough for the majority of the market, and the lack of logistics would generate higher profits.
- ako 6y agoNewspapers were not surviving from few bucks: they had subscriptions (bundling low value content with high value content) & advertisements (lower margins now, moved to other channels like craigslist). And logistics may have been expensive, but IT infrastructure and staff is not cheap either. A few aggregation sites have tried to bundle news from different publishers for 10$/euro per month (e.g, blendle). But as can be seen from the original prices of a subscription ($250+ / year / publication), this means a much lower revenue per publication than before. For half the price, subscribers get all the publications. This is not going to be enough for the publishers to survive.
- nl 6y agoAds - especially classified ads - paid for newspapers.
- znpy 6y ago> Printed newspapers were surviving just fine Oh boy, that's so not the case. My previous job was still in IT but the company had a strong foothold in the news&media sector. Most newsroom are struggling and have been for at least the last ten years. Digital content has eroded newspapers' income very very much.
- Spivak 6y ago> Digital content has eroded newspapers' income very very much. This is the concept I don't think people get when they say "clearly newspapers used to be sustain themselves in the past" -- the market has fundamentally changed and now newspapers and magazines aren't the only game in town competing for people's passive entertainment time.