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Why? Most popular consumer magazines don't even cover the cost of printing and postage with their subscription fee. If Time magazine no longer needs to print a
by TheFuture 15y ago
Why? Most popular consumer magazines don't even cover the cost of printing and postage with their subscription fee.
If Time magazine no longer needs to print and mail their product, should't they be making MORE money?
One of the fundamental problems that no one mentions is that advertisers have been grossly overpaying for print ads for decades. They had no measure of the effectiveness or reach of their ads except "X magazine has Y subscribers".
With digital targeted advertising, we know exactly how many views, clicks, length of view, not to mention tons of demographic data on the reader. That's worth something. It's worth a lot more than an untargeted ad on a page in a magazine that might go straight from the mailbox into the garbage.
I'm not claiming to know what will happen in digital advertising, but I really don't think paywalls or micropayments are the future. My guess is something like major media companies will get rid of their entire ad sales staff, outsource advertising to Facebook/Google, and deliver their content through multiple channels/feeds/API which can been interpreted by various apps or devices to be viewed in the way the consumer likes.