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I don’t think news sites can survive on the tiny slice of revenue. Musicians make most of their money on live events, so while the content creator is taking a h

by tyre 5y ago

I don’t think news sites can survive on the tiny slice of revenue. Musicians make most of their money on live events, so while the content creator is taking a hit compared to more lucrative CD sales, they are still using Spotify as marketing for the real product. Journalism doesn’t have the same revenue stream to fall back on.

crazygringo 5y ago
Newspapers in the US collectively had $19.9B yearly revenue in 2020 [1]. ($8.8B advertising + $11.1B circulation.) With a population of 331M, that's $5.01 per person per month, or half the population paying $10/mo. Now obviously you're not going to get half the people in the country to pay, but if you call it $20/mo/household, and compare it to the average $100-150/mo/household people pay for cable TV, I'd news absolutely could survive on numbers like this. It's not "tiny" at all -- it's ballpark. [1] https://www.journalism.org/fact-sheet/newspapers/ https://www.journalism.org/fact-sheet/newspapers/