5 ms·
It's not that simple. While there is a very large market for silly lies - tabloids. That market also has a very low barrier to entry. There are market segment
by biohacker42 18y ago
It's not that simple.
While there is a very large market for silly lies - tabloids.
That market also has a very low barrier to entry.
There are market segments happy and able to pay for quality, try The Economist.
Those markets are much smaller but also have a much higher barrier to entry, and a very affluent audience.
I think what's killing the newspapers is that they tried to sit on two chairs at once. Trying to be both informative and popular.
Without competition that might have worked, but it's over now.
Because for pay news like the AP and Bloomberg and magazines The Atlantic Montly, etc, are doing just fine, and because tabloids are also fine, I don't think many will miss those going out of business.
But I also agree with you, the non profit newspaper is a good option. I believe The Irish Times is a grant based non-profit.