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The Financial Times published an important (sounding) article about politics recently. I sent a link to a very well-connected Democratic donor in Silicon Valley. He couldn't read it because he's not an FT subscriber, and neither could I, because I'm not either.
The paywall model may keep publications from going out of business, but it greatly decreases their influence. Now they're just newsletters.
Or worse echo chambers with a hidden agenda
Some publications let you "unlock" an article for your friends. But you have to be subscriber...
What’s the fix do you think?
That's how it used to work before online?
Counterpoint: newsletters dramatically increase the number and type of people who can have an influence.
Do you mean more people can write for them?
This is a failure on the journalism industry for not innovating on monetization and on engineers/banking for dropping the ball on making payments a first-class citizen on the internet. Thankfully, after two decades, it seems like some progress is being made on both ends.
Noticed the same re New York Times on the Coronavirus paywalled no idea how this makes sense even through a short-sighted lens
So what's the solution? I don't like ads. I want to support great, unbiased journalism. I also believe that news should be accessible to everyone, even those who cannot pay the subscription fees. So hybrid model? Ad-free for those who can pay, ads for those who can't?
Also, I've often wanted to pay for just the article I want to read. For ex, $1 or $2 for 1 FT article directly from Apple Pay or something similar.
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