What is the problem with news? Why aren't people willing to pay for it?
There used to be regional/temporal barriers in place before the Web was popular; newspapers had geographically limited distribution and it took time to print a new edition. One newspaper "scooping" another by one day was all it took to get people to buy the one-day-earlier publication. Also, 20th century newspapers collected significant revenue from classified advertising, people buying the paper just to get a weather forecast, and other kinds of information distribution that really didn't have anything to do with investigative news. The Web unbundled all that (weather.gov, Craigslist, etc.) and the only remaining strength of newspapers was producing original reporting. Which, unfortunately, was never all that profitable on its own even before you get to the "facts are not copyrightable" issue that I mentioned in my first paragraph.
Does anyone have any good pages on that which go into how to extract facts without copyright infringement? And for purposes of creating independent, educational works from those facts?
The end result is reputable news sites became clickbait and eventually people stopped caring.
There is still a market for in depth journalism, and we see a rise in that sort of things. There are plenty of youtube channels doing documentary-like videos on current events. That is journalism.
The journalism that is dying is the stuff concentrating on breaking news. If its shallow its outcompeted by twitter. If its higher quality but still racing to the headline, its outcompeted by wikipedia. The fact is the competitors to breaking news journalism are cheaper and higher quality.
Also, I think traditional newspapers should position themselves so they're not competing with the lowest common denominator of basic info, however due to cutbacks, most newspapers are in essence not doing very much in depth journalism anymore, which means they are unfortunately positioning themselves as competing with any other source of news.
So while you could say a decent chunk of the replacement content is worse than what traditional news outlets could offer, it's at least free and exists by the bucket load, meaning the incentive for paying for it is nonexistent for most of the population. Meanwhile the more niche stuff is both free and done better elsewhere, so RIP anyone making money off that anymore.
To make things tougher, getting advertisers to pay for it is becoming a lost cause too, since again, they can advertise in places where metrics and tracking options are better. They'll get way more bang for their buck on social media than they will trying to market on a news site or in a classifieds section or what not.
Today, it is just a bunch of people collecting tweets of random people on the interwebs. Race to publish before competition means there's no time for editorial review of simple things like grammar and coherent thoughts let alone accuracy, so lots of FUD can be spread very quickly as "news".
Those well thought out articles are also considered too long and boring and get reposted on socials as TL;DR as if it were their own thoughts.
We used to make fun of the microwave generation with "I want it now" type comments. Now, it's I need it in less than 140chars, or I'm scrolling past it.
The death spiral you describe is like a train wreck that you can do nothing about.
News has become a weird kind of curation market. And the funny thing about this payment arrangement that publishers want is that they are not paying any of those tweeters who may be breaking the news or themselves curating the info.
This was only desired and seen as useful and interesting when people had nothing else to do.
I mean, seriously, that's the reason.
Back when newspapers were healthy, basically there was all this stuff that was bundled with the actual news that was of more immediate utility to people: classifieds, movie reviews, comics, coupons. And there was less competition for people's leisure time.
News is now in a very competitive leisure time landscape and is debundled from stuff that's of high value, and most people just don't care that much about news. They'll read it when it's around but they won't pay for it. The ones who are willing to pay for it mostly just subscribe to the New York Times because in a nationalized news environment why not go for the biggest producer.
I stopped caring about what was happening on the world stage in 2022, and it has been sublime. I hear about the big things from friends and random folks, and it gives some instant conversation starters (“oh no, I hadn’t heard about that”). The only news I actually care about is local news, and I skim the newsletter my (small) city publishes on Fridays.
Given that, there is zero value provided to me by traditional media publishers. I say this as someone who gets NYT, WSJ, WaPo, and FT for free through work. I don’t use them, because I’d rather spend my time doing something else.
No judgement here though—if reading the paper is your thing and you like staying informed, that’s great and I fully support it. Just offering my perspective.
News provied two services in the old days: access and filtering.
Back in the day you couldn't easily get things straight from the horses mouth, now you can just go to their website.
If you did have direct access in the old days, it was all way too much. There was no way to filter to 10-minutes worth of top goings on. Now a days you can just look at what is upvoted and stop once you have read enough.
Add to this the introduction of terrible news media. The spam and click bait media, where you get the articles for free but the articles you get are basically worse than what you’d find anywhere else because they are most there to generate revenue from advertising. Stuff that gives “traditional” news media a very bad image. Further add the media platforms which are now straight up political propaganda, which some always where, but now they are owned by very few people and push very divisive agendas which is a little different from the past where they were more inline with each other and the “general” aristocracy rather than a few billionaires/oligarchs and you gain the general media perception even more. Both are rightfully so.
In a sense you get what you pay for though. If you’re not paying you’re not getting quality news. You can see this in Danish news very clearly, where only a handful of news papers still do actual critical journalism and the rest mainly do opinions or click-bait articles on current events that you might as well read on Facebook. Not because Facebook does anything particularly in that department but because the contractors who sell stories and pictures to the “free” news media typically also post their content elsewhere for increased revenue on their part.
As far as going to the “biggest” most “cultural” news media I totally agree with you. In my country people read Weekend Avisen, and then add one of the more politically inclined subscription papers based on their views. But basically it boils down to thee papers, one that is slightly more conservative (which in Scandinavian/American optics would make it almost socialist), one that is left-leaning (again, very socialist in American optics) and one that is based on Christianity (but extremely moderate, as in pro abortion and gay marriage).
Aside from that there are two “localised” papers which either focus heavily on Copenhagen or the part of our country which is called Jylland.
Almost none of these papers would be alive without government subsidies. Because the only two papers which actually makes money are Weekendavisen (our NYT) and the Christian paper which doesn’t actually make money but is subsidised by various Christian groups.
Plenty of independent journalists are out there doing just fine and even some of the big outlets have adjusted effectively. But in the internet age we don't need hundreds of outlets all reporting on the same stories 24/7 - especially when most of those stories have no impact on the viewers/readers.
The market is simply adjusting and the old establishment is going down kicking and screaming.
Everyone loves reading stories that confirm everything they already know.
Big real news spreads like wildfire, but news as it is consumed is entertainment.
For example, Netflix is $84/year. Netflix content seems a lot more valuable then simply twice what WaPo provides.
They'd rather watch TV, and not even the best TV. If you want the best, you need to pay for Max and Disney and Apple and Amazon and the rest.
Besides, if you actually like to read why would you be buying washington post? People who like to read usually aren't going into 5 minute long shallow articles, they are getting a book on the topic.
Either way, producing quality journalism costs money. And I’m ok paying a reasonable fee for it. :shrug: