Paywalls coming to medium.com: “We're building monetisation”
bbc.co.uk
bbc.co.uk
"I also think there's a lot of potential for premium or subscription or even user-paid content. Some sort of paywall or membership."
It's unfair IMO.
"We're building monetisation into the product right now," says Williams, predicting a roll-out of the features within a month or so.
"We're not limiting ourselves to advertising," he says, stressing that Medium won't become a mess of banner ads but instead "sponsored" content.
"I also think there's a lot of potential for premium or subscription or even user-paid content. Some sort of paywall or membership."
Sounds like sponsored content is the works right now, and paywalls are being considered.
Yep, on purpose. The original title is misleading as well, presenting medium from a false view.
That's an abuse of HN. We take submission privileges away from accounts that do this, so please don't do it again.
The site guidelines ask you to change the original title when it is misleading or linkbait, but not by turning it into a sensational opinion piece. Cherry-picking a single detail at the expense of all the others is editorializing. Moreover your title went way beyond what that detail in the article justifies. All of this is what the HN guidelines try to prevent.
I'm not sure I agree that the original title was misleading, but even if it was, the replacement must be accurate and neutral, preferably using representative language from the article. If you have a tendentious point to make, you need to make it via a comment in the thread, on a level playing field with every other user.
I mean, maybe I don't use it much, but it seems to do a really good job of filtering spam and I don't see much harassment. But it's hard to see opposing views unless you look hard enough for posts which are usually shut down by others. Also, the comments have to be approved by the author which does lead to echo chambers, but they seem to know this since their lawyer Ferrest said that "You shouldn't necessarily be kept safe from other people challenging your ideas."
It's also very SF-centric at times, especially with all the self-help posts, but it does do a good job at content discovery since I can get a wide range of topic from the tech industry through to social issues.
I don't know how they'll sell paywalls to users, though. I mean, the internet has a lot of blogs which are already free to see. Plus, I can use my Pocket recommended feature for diversity right?
Why lock yourself in a proprietary platform that then, invariably (like we are seeing now), is going to have to monetize your content?
Why aren't more people bothered by the fact that more and more previously decentralized/self-hosted models are being transformed to monopolies?
Censorship, it seems.
You may have the right to say whatever you want, but not on a blog I'm hosting for you.
Independent blogs and forums, and even independent media, are declining. The future is trending toward hosted content, with only a few hosts.
Encouraging a few powerful companies to censor anything they like, without restriction, because their platforms are private property is different from accepting reasonable censorship.
Free speech doesn't mean anyone has a responsibility to build and offer what you want the way you want it just because you want it.
Censorship is a real thing, like when the president of Turkey prosecutes people for insulting him. There are phrases that literally may not be said in that country.
Medium isn't telling you your speech isn't legal, but they have no obligation to lend you a megaphone.
Unfortunately most of us aren't billionaires.
"The press is free, for anyone that owns one."
Same reason why people use Gmail instead of their self hosted email - convenience. It's even more surprising to see hackers using that kind of service (at least for Medium, Gmail is at at least a superior product in some ways) - while perfectly good self hosted, easy to deploy alternatives exist for years.
Hosting your mail can be nasty, using something for blogging that's not a complete lock-in is a bit far from that.
The thing with big sustainable audiences is that there has to be some level of centralization, either of hosted content (medium), or linked content (google).
You don't need a hosted service like medium, but you do need some way to bring the right content to the right people. To be honest, even with great insightful writing, I doubt a single blog can tackle this task. In fact, I think the biggest blogs are big not for the content, but for the marketing/leads generation/traffic building skills of the owners.
Think of writers with magazines and newspapers. The writers themselves are what make the outlet (plus competent management). If an outlet folds, a great writer moves to another outlet, or takes a break, or writes a book.
You're not tied to any outlet. But it can be an advantage to be associated with one. For awhile.
The problem with monetization I see is that internet usage is so far-spread. The amount of articles I read per week/month might be fairly constant but it's spread among dozens of sites. I don't want to pay for every single read (as that would make me think twice about reading stuff) so the only option is a subscription but then I'd pay $5 or $10 a month for a single site that, last month, I might have only read 3 articles on.
IMO the only solution would be cross-site subscriptions, i.e. you pay for "online reading abo" and get access to like 50 sites. I'd also wish that they then get payed based on how much I read on each site. I'd actually pay for a service like that.
Google's contributor might have had a better chance, but like a lot of G services it's completely unpromoted, and hard to find by search unless you know the name already.
I pay The Old Reader a $3.00 subscription for RSS each month. I find it a good fit. I would love to see an inverted RSS where I send a micro-transaction to everyone on my feed whose published in the month. Again, like RSS, it would be nice to just have the system be automated. No having to remember to look someone up on Patreon or Flattr and then manage how much I'm giving them.
Medium's problem is that most of the content isn't truly valuable. It's beautifully presented and often interesting, but there's very little that would make me want to pay money for it.
I might pay money to a small selection of the best authors, and it wouldn't be so bad if the sites they publish on take a cut.
The only site I'd seriously consider paying regular money to is Quora, because the content is entertaining and often valuable to me.
The other big sites don't make the cut. Maybe TechCrunch, at a push? Certainly not Wired, which has always been mostly noise.
The problem is that most tech blogs offer distraction, not value, and Generation Buzzfeed won't pay for distraction. Paywalls are unlikely to work until the industry understands the distinction.
People don't want to pay for content, but they also don't want to see ads...
They can barely afford rent and food.
If you want to monetize you need to either make medium for baby-boomers or change your govt.
Or is it because the cost of a smartphone is 1/100 of a month's rent in a shitty apartment.
Or to put it in another way - they can afford a smartphone but cannot afford housing.
Information is more valuable then ever.
I would rather pay 10 dollars for Netflix then torrent.
But guess why I do not pay 10 dollars for Netflix ?
Because Netflix is shit for me. Since I do not live in the US.
The hassle of going to a torrent site and deal with porn ads is cheaper and better then streaming from Netflix.
Since 10 dollar is 45 minutes of working as a programmer - I spend less then 10 minutes a month having to deal with porn ads. Its basic economics. Unless it takes me 45 minutes of porn ad watching I am not going to switch to Netflix - as simple as that.
And guess why I get paid 10 dollars ?
Due to the broken immigration Laws which gives employers an upper hand as I get deported as soon as I lose my job.
Some of the basic needs of life - housing,food - costs me 1/4 of my salary.
And I am at the upper end of the scale - most of my peers are working in coffee shops in shitty service jobs.
Unless this basic calculus change - good luck monetizing selling articles on the web.
-- from a frustrated millennial --
With paid content you lose your privacy and you lose your anonymity and you become more easily targetable and more attractive to the ads.
If we take the paper magazines then there are the ads, and you pay for it. I believe the same will happen with the online publishing.
This added to the fact that Medium is basically a glorified blogging platform makes me not want to pay for it. Seriously, if you were to ask me or anyone else back in 2006 what would be the hot new area for monetizing in 10 years, I doubt anyone would have said "blogging with paywalls".
Besides, why should I have to pay? I create and consume something far more valuable in the form of OSS. No ads, no price.
To say monetization has to be ads or paywalls is excluding hundreds of other ways to monetize content. It's lazy, and won't succeed in the information era.
I'm not preaching. I'm at least partially in the same boat. I think ads have gotten nearly abusive and I am not sure how much content I'm actually willing to pay for.
The problem for guys like Medium is that there is still an abundance of free content that can be ad blocked, so people will just move elsewhere. So, it seems that lower quality content providers will simply go out of business and the higher quality will shift to paid (provided they can stay in business long enough). Once there are fewer quality choices and most require pay, people will be more willing to pay.
In the meantime, it's a tough business to be in.
Implement it as an Ethereum like dapp/smart contract with the same function as Patreon for long-form articles. Make the Dapp usable and accessible through the browser like Instapaper.
Liberate the content, make it 'free' after stretch goals have been reached. Use community curation through voting contracts similar to the slashdot/hl karma points.
Also integrate distributed search, automated tagging and perhaps integrated commenting and Sia or IPFS for distributed storage. And automatically create an epub versions of the top 12 longforms of the week so people can read their longform articles offline on e-paper/paper.