atlantic - why porn and journalism have same financial problems
http://www.theatlantic.com/business/archive/2012/06/why-porn-and-journalism-have-the-same-big-problem/258893/
In fact, it's a bit like getting them to pay for a newspaper. Like the porn studios, big media companies have seen their own profits plummet in the face of free aggregators, amateur bloggers, and the nearly limitless competition supplied by the web.
What holds for journalism in this case holds for sex. In both cases, the competition is so broad that customers are likely to go elsewhere rather than pay. There are, obviously, exceptions in the case of newspapers -- the Wall Street Journal has a profitable paywall, and the New York Times appears to be having some early success with its own.
In fact, it's a bit like getting them to pay for a newspaper. Like the porn studios, big media companies have seen their own profits plummet in the face of free aggregators, amateur bloggers, and the nearly limitless competition supplied by the web.
What holds for journalism in this case holds for sex. In both cases, the competition is so broad that customers are likely to go elsewhere rather than pay. There are, obviously, exceptions in the case of newspapers -- the Wall Street Journal has a profitable paywall, and the New York Times appears to be having some early success with its own.
posted by tnj at 10:36 AM
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