News sites need to make money, and it's good for them to get customers to pay for their product like in any other business. Subscription-based models also are better able to support substantive writing than ad-based models.
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100% agree news sites need to make money. But is there any reason for BB to charge $40 a month? The NYTimes has a newsroom 10x larger and only charges $8 Netflix has $100b with of films online for $15month. Seems they have overpriced themselves
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Replying to @proales @paulroales and
There is room in the market for a pay per article (a la Brave's BAT) model. Why is this not a thing?
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Replying to @ArtirKel @paulroales and
Because reporting is expensive and news sites need steady revenue.
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Replying to @bkavoussi @paulroales and
They would gain money from such a model, I'm guessing. But that no one is doing it suggests me I'm missing something
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Replying to @ArtirKel @bkavoussi and
Why do you think they'd gain, rather than lose? My intuition tells me the opposite (consider that SaaS companies charge recurring monthly fees and not "pay per interaction with the app" or whatever).
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Replying to @nabeelqu @bkavoussi and
Because many people who are subscription averse would pay. Also, with SaaS apps you use the whole thing. With media, you pick in a much more narrow way. I only read Tyler from that Bloomberg site
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Replying to @ArtirKel @bkavoussi and
"Because many people who are subscription averse would pay." lol yes but would this be enough to outweigh the loss from gettin reliable higher $$ recurring revenue from a smaller base is the actual question
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Exactly. If I were building a news business, I'd rather rely on payments from people who love my product (subscribers) rather than smaller payments from people who only kind of like my product and aren't willing to pay a lot.
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Replying to @bkavoussi @nabeelqu and
One problem with that is that this tends to drive biased coverage, because what people really love is to hear their prejudices confirmed. I think this is why the NYT has shifted from a neutral(ish) "newspaper of record" to something way further to the left in just a few years.
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Incidentally, one of the keys to writing good essays is to remove those "with that is that this"es before anyone sees them.
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