What a tale of woe.... Faifax job losses and the advent of subscription based media because of the Internet!!!
D'oh !!! Where have these people been, haven't they seen whats happening on the Internet or are they so oblivious to whats happening around the world?
I cant believe the news stories coming out that newspapers (or whatever new form it takes)will have to be subscription based to cover costs.... isn't that what advertising does? Maybe its time for the newspapers to get like the rest of commercial media (TV / Radio) supply a service that people want and recover the costs via advertising.
I have to admit there would be a place for subscription based newspapers, highly specialised + low distribution perhaps like the Financial Review, The Bulletin etc.
Or is this like the retail sector of the community having a whinge cos they havent kept up with whats happening by sticking their heads in the sand.
It will go down to competition, some smart editor will run free "e" news paper and the other ones will perish as no one will subscribe!
But how will I light my light my BBQ?
Oh the horror!
its hilarious that any company thinks people will "subscribe" and pay for a newspaper. i already think the $2.75 i pay to have my sunday paper delivered is too much and the poor bloke throwing it to me is prob paying more than that in fuel to get it here.... most of it is crap in there anyway.
Just a big fat slut that should probably ride an exercise bike as good as she can buy out and influence media.
Not going to make money but the paper will go to **** .. But thats what she wants.
Call it the sydney morning 347 visa because fat greedy sluts earing 52 million a day needs more money.
Hope the fat bitch eats a lard sandwich and dies slowly.
Dont pay for **** on the internet.
The problem is this:
News content is available free by many channels - TV, Radio and of course the internet. This is having a negative impact on newspaper sales - why buy a paper for a couple of bucks when you can read all the news at your desk or on your phone (on the train) for free. The internet has changed the way we consume media, particularly with the advent of the smart phone - and even more so for Generation Y - my 18yo daughter has never read a newspaper, let alone purchased one!
Newspaper sales = readership. Readership = advertising rates. Advertising rates = profitability.
The cost base of newspaper production is huge - the cover price does not go anywhere near covering the cost of production and distribution.
The cost base for digital media is still high, but a fraction of the cost of newspapers. The problem is the advertising model for most news sites is not particularly profitable.
Media companies are hoping that consumers are willing to pay a nominal subscription fee to access premium content - thus providing another revenue stream in addition to advertising.
Think she should purchase some tv stations as-well. I cant wait to be a "waveslave" and watch laura bingle and flip burgers.
There are plenty of newspapers surviving on the advertising only model, think about your local paper that appears in your letterbox each week.
The main reason "dailies" charge a cover price is to provide legitimacy to the news. You know, if I paid for it then it must be true and worthwhile!
I pay for news and will continue to do so..
There are web based news services that are free but ask for donations and once a year I oblige, I subscribe to many news portals and current affairs, including but not limited to: rense, crikey, intelhub and others.
Now thanks to the spring issue being their last in print, I will now have to subscribe to idissent online also...
Free media does not mean you don't have too, or shouldn't pay for it...
Free media means it is not paid for....
If you can't tell the difference, you probably think celebrity is news