New Rule – you are going to pay for online news someday
Today in the NY Times’ Media and Advertising section an article discusses some of the new moves occurring in the media industry around media pay walls. The article starts to delve into the challenges faced by traditional media and some possible solutions. It’s become a hot topic, especially with the efforts by Rupert Murdoch of News Corp. to develop a pay wall system for his various publications. The problem is that Murdoch may be ahead of his time in developing such a system but at least it has started the conversation. Similar efforts have been launched by a consortium that inclules Time Inc., Conde Nast, and several others aimed at building a new delivery model that would leverage technology such as e-readers along with a paid subscription model for content delivery. But the bigger question is would people really pay for digital content? Read more…
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