Journalists! Now is the time to start your own news site.
Confusing their need for income with a desire among customers to pay for content, the papers are about to hand over their audiences following the lead of the Dirty Digger.
They made you and you friends redundant, they froze your pay, they made you write umpteen stories a day during 12-hour shifts in increasingly empty newsrooms. And all the while they creamed off ludicrous profits. Now they want the online reader to foot the bill.
It’s an enormous mistake but it’s great news for the future of journalism.
Murdoch’s wrong because everything about the net is moving towards sharing and the free movement of content. Hiding content behing barriers simply ignores how most people access it.
Murdoch, Lionel Barber and the other pro-chargers assume that because they need a lot of money that people will pay to access news and comment online. But that’s not how life works. Something is only worth what people will pay for it.
Charging for news has alwyas been bonkers. How can you put a barrier round “Lord Jones is dead”? It is instantly, immediately copiable without contravening any known or possible copyright laws.
In essence, the problem is that of Spotify vs iTunes. Spotify lets you listen to unlimited amounts of music from a vast playlist. It’s free but the catch is you don’t get to download or keep any of it. If you want to own it, you need to hop onto iTunes and buy a download.
The problem is that online news and comment is like most music on Spotify – you access it once and walk away. Unlike with music, though, there are very, very few news or comment items that you would pay to keep for ever.
However, news media companies do have access to a suite of products that people will pay to keep – and that are more suited than the web to the presentation of all that high-quality fabby content that the moguls have been boasting of: print.
You see, it’s not the online products that are broken: it’s the print ones. Just because large numbers of readers don’t like the one size fits all version doesn’t mean that that’s it for print. And it doesn’t mean they’re suddenly going to want to pay for material online.
So what’s the good news for journalism?
Well, when J Arthur Reader pops online to enquire after the health of Lord Jones, what will he do when he sees that all the “Lord Jones is dead” stories from the mainstream news organisations are behind payment barriers? Will he A) get out his chequebook or B) read the story for free somewhere else?
And what is to stop journalists from setting up their own nimble news enterprises to supply that free news? (Sure there’s the BBC but it can’t do attitude or opinion.) These specialist enterpises would have no legacy costs and which could make use of targeted print products to boost revenue. They could even co-operate with other non-competing enterprises to buy back-room services (ad sales, printing, IT).
When the big boys shoot themselves in the foot, it’s a great time to challenge them to a race.
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