And after a while now trying to read non-Blogs, I believe he was right. There is a market for a Netflix for News.
But then maybe that's actually for the best. A single unified consolidated news publishing platform could have awful consequences for diversity of representation.
Perhaps such a model could co-exist with a commercial element. Access to premium services, to keep my proposal vague and aspirational.
It's also a huge political football. It does lean slightly to the left but it doesn't matter which political party you ask they always complain it's biased against them. The current government has been waging was on the BBC for 10 years now. If they thought they could they would shut it down in an instance.
What we really need is something funded centrally but they don't have the option of interfering with.
There’s no voucher, it’s just a monthly fee, but I have no doubt that which paywalled stories you click on determine where your monthly fee goes.
Whenever someone touches on market failures, I'm reminded of how the USA government saved the domestic oil producers from themselves. TLDR: Govt imposed regulation and predictability onto the wildcatters, thereby protecting investors and insuring stable supply for consumers.
I don't yet know what future marketplaces for journalism will look like.
I do know that markets don't just magically appear. Efficient open markets require laws and regulations, to create and then protect those markets.