Canadian media commentator Mathew Ingram looks at the growing number of American publishers who have reached "the pill as a" paywall "in hopes of charging readers for news can help solve their Head pain of income. "
you do because the New York Times paywall is presented as an attractive idea, or because they are more desperate is not clear, he writes, "but even the New York Times paywall experience shows that it is pursuing a strategy of sandbags instead of a growth strategy. " cites the Minneapolis Star-Tribune editor, Michael Klingensmith, saying it was a mistake to give new free online. Ingram counters that "the reality is that almost nobody has been able to do much of the business of selling online content." He continues:
"While publications like the Wall Street Journal, the Financial Times and The Economist seems to have done, this is not a strategy that all newspapers will be able to double the points sales have a very specific audience (and therefore higher value of advertising).
Even the New York Times, probably falls into a separate category because it is a leading brand, not only for the national press, but by the international news.
also interesting to note that even the New York Times paywall, which was considered a success by recording more than 300,000 paying customers ... has not improved the lot of the press generally significantly ...
As one analyst recently noted in a pessimistic view of current market value of the paper, the proceeds from the paywall will not even compensate for what should be a continued decline in print advertising. "
- He believes that it is a "strategy of sandbags," because its main purpose is to strengthen the impression of movement (see Ken Doctor of that too).
- Ingram says that there is little guarantee that NYT paywall subscribers continue to grow, and every reason to think not. Thus he writes, "is by definition a strategy to get out ... newspapers that are based solely on a paywall to save his bacon probably doomed to failure."
- [In a British context, the same for the Times paywall, which provides access much less on the measurement model adopted by the New York Times].
- Ingram suggests that growth in online revenues can be achieved by providing products not new, such as e-books and other contests "that attract readers in the case of the real world."
"This is the approach taken by the Guardian in Britain and the United States today is to experience a similar pattern."
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