Medium admits it can't make money on ads. No real way around this but subs + micropayment + philanthropy. @mgsiegler https://500ish.com/long-medium-b9ddfe2c3a0a#.omdmqz9gv …pic.twitter.com/VJLSaJ8f8X
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what's the answer?
For the moment, Buzzfeed subsidizes some great journalism, too. That's also not a models that can scale. We either pay for stuff or it dies.
you could pay through direct taxation and pay those who had the highest trust and accuracy scores. Including local media
single subscription only works when enough content is bundled and when enough creators compete - why NYT model doesn't scale.
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