Facebook in talks with publishers on supporting subscription models
reuters.com
reuters.com
https://www.thestreet.com/story/14233293/1/facebook-s-campbe...
Source: Headline
This reads much better
> TheStreet: Facebook to launch news subscription product
"Facebook to launch news subscription product. -TheStreet"
TheStreet is a media/news company [1].
The product in question:
> The feature is likely to allow publishers to create a paywall on Facebook's Instant Articles and guide readers to a publisher's home page to opt for a digital subscription
This HN entry is actually a Reuters article about the TheStreet article about the product. [2]*
[1] http://corporate.thestreet.com/
[2] https://www.thestreet.com/video/14234594/you-might-have-to-p...
* I'm not sure this is exactly what's being referred to, because TheStreet appears to publish somewhere between 1 and 14 articles mentioning "facebook" every hour [3], so this was the first mention I saw as I scrolled through.
[3] https://www.thestreet.com/find/results/index.html?q=facebook
It's amazing, it's so much less bloated and faster than normal messenger, and uses less data too. It doesn't have stories or the rich integration with giphy etc., but that doesn't bother me at all.
That app, ironically enough, is a major reason I'm not on FB today. When I got home and installed the standard app (at 3xx MB) and immediately felt like I was tricked into installing bloated adware. It ate my data up (comparatively) and provided me with little to no extra features beyond a prettier UI. More ads, more analytics, more shitty newsfeed clutter. I uninstalled it and haven't been back to FB since :)
I wouldn't call that a news subscription product.
I hear this all the time, it has to be a side effect of getting all your news through facespace and other news aggregators. There's really only a handful of newspapers worth subscribing to (in the US), if you aren't reading at least one regularly enough that you'd pay for it if you had to, your money is pretty much no good. I'd expect to see more and more paywalls in the coming months/years, the economics are better, pandering to large volumes of low value readers is a race-to-the-bottom that won't support good journalism.
Virtual currency will run the new internet I feel - not neutrality necessarily, but something that will work.
Why didn't Amazon do this? Or Apple? Google?
It's against Apple's interests to do anything that isn't device-specific and the same could probably be said about Amazon & Kindle.