I think we might need to call that the Netflix theorem at some point:
"If you just ask for the fucking right price, people will pay and great original content can arise"
"If you just ask for the fucking right price, people will pay and great original content can arise"
Currently, online journalism is anchored against the price of free. So if I want to sit down with my coffee and read an article from the New York Times, another from Washington Post, and a counter-point from the Wall Street Journal and the Economist, and follow that up with a long-form piece from the New Yorker, I can either pay $500/yr, or remember to right click each article and open in incognito mode.
They just haven't figured out yet that on the web no-one is ready to pay 15$ for access to a single news source given that no-one is able to actually read all available content produced in one day.
New potential news customers born in the 1990 are like bees that fly from sites to sites.
Loyals customers that relly on one newspaper and are paying high fee are elderly people and they will stop paying when they unfortunately dies.
It all about not getting the demographic of you potential customer base...