Media thought: The mad dash for subscription-based revenue will force papers (NYT, LAT, WaPo, etc) to compete against magazines (Wired, New Yorker, NYMag, etc) against music services (Apple, Spotify) against streaming video (Netflix, Hulu, Amazon, Apple, YT, Disneyflix, AT&T)...
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Which group has the toughest fight? Music is most commoditized but people seem to be coming around to the idea of spending like 3x more on music than they have for two decades. OTT is drafting off the consumer expectations that cable packages cost $100+. But news?
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Big Journalism acts like we all have a civic duty to pay for their stuff when we are also getting $10/month models from 50 other things we are into. I don’t know the right model but it makes no sense for me to subscribe to anything but my local (WaPost). It would never end.
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