3 ms·
The problem, as I understand it, is that direct monetization only provides fixed growth and isn't enough for what venture capitalists demand. So the only soluti
by moffkalast 3y ago
The problem, as I understand it, is that direct monetization only provides fixed growth and isn't enough for what venture capitalists demand. So the only solution that satisfies them is to continuously invent new and more insidious dark patterns to monetize the existing users.
- ghaff 3y ago>continuously invent new and more insidious dark patterns to monetize the existing users. Which by and large doesn't work but staves off the inevitable for a while. A lot of news has been in this boat for a while. More obnoxious patterns trying to get you to subscribe. More ads. While cutting staff to the bone and more. (And that's not even VCs for the most part.) A lot of things that people want, not enough are willing to actually pay for.
- mrguyorama 3y ago>A lot of things that people want, not enough are willing to actually pay for. Except in a capitalistic system, owners will not be satisfied with ANY price because the number has to keep going up.
- dredmorbius 3y agoA lot of traditional newspaper orgs have been bought be private equity, with Alden Global Capital being among the most notorious at present, ranked as the second-largest newspaper operator in the US as of July of this year: <https://www.theatlantic.com/magazine/archive/2021/11/alden-global-capital-killing-americas-newspapers/620171/ https://www.theatlantic.com/magazine/archive/2021/11/alden-g...> <https://www.nytimes.com/2023/07/11/business/media/maine-newspapers-nonprofit.html https://www.nytimes.com/2023/07/11/business/media/maine-news...>