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Who will pay for online news? : Comments
By Terry Flew, published 8/9/2009It is debateable as to whether news consumers will accept paying for something they are currently getting for free.
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He's spent his whole life accumulating newspapers and now the world
has changed, money is still being made but its Google making it and
not him, so he is spitting the dummy it seems. Certainly one of
his boys was in a speech, lashing out at the BBC.
Given some of his news, like Fox News, boyo do we need public
broadcasting!
Yes I pay for business and financial news, for without it I could
not make informed decisions. So I subscribe to Alan Kohler's Eureka
Report, to keep myself informed.
Would I pay for News Ltd news? Not a great deal, for I think the
problem with newspapers is the cost of physically chopping down
trees and printing papers, not so much in writing the stories.
Electronic distribution costs them essentially nothing, they still
make money from advertising and with tens of millions of readers
worldwide, costs per viewer should be minimal.
Much of the news comes from news organisations like Reuters etc,
so perhaps Rupert should stop sucking his dummy and review his
business plan, so that Google does not get it all, but the
cost of his reporting is covered too.
But internet subscribers can't simply be lumbered with the costs
of failing newspapers, that is life for you, the world changes.