Rupert Murdoch makes the case for paying to read the news
online.wsj.com
online.wsj.com
I'm not sure that's how it works anymore. Who trusts the media these days? According to Sacred Heart University's polling in 2007 19% of Americans implicitly trusted the mainstream media. Down 8% since 2003. More alarming is that 87% felt the mainstream media was trying to manipulate them. Polls and statistics may not actually prove anything but again let me ask: Who trusts the media these days? Do you know anyone who feels that way? Maybe the extreme ideologues who are simply looking for some rah-rah cheer leading action and don't actually care about truth or facts.
The point of delivering news that's important to readers is much more valid but still very flawed. You get much better results aggregating together content from different sources or, better yet, discovering content from people you have a personal relationship with. Friends, family, co-workers. That all becomes very difficult behind a pay-wall. In this era there are less mainstream sensibilities about news. Everyone has a different weird mix of news they want to see. If you're going for a personalized delivery system you absolutely need social networks, crowd sourcing, and free access so people can discover new topics of interest.
As for quality... He's assuming people can appreciate quality when compared to stories about music stars kissing each other or golf players crashing into tree's with their luxury SUVs. I don't believe for a second that quality matters to the vast majority of the mainstream news audience. The average news paper is written to be consumed by people who struggled through junior high school English class.
Imagine a website that does news aggregation. To access the website, you have to pay $10 per month. For this $10 per month, you have the right to read all of the news posted on the website.
The website allows individual freelance writers to put their articles on it.
Now here's the catch - the $10/month that each user pays actually gets distributed by that user to writers whose articles he appreciates. So everytime he reads an exceptionally good article, he gets to assign some of his $10 to that article, as much as he wants.
At the end of the month, whether he assigns the money or not, he loses the 10 bucks. If he assigned all $10 to writers, that's fine. If he left some over, that goes to the website and is used to pay for editors, servers, hackers, etc.
This creates a situation where people are paying for aggregated content (you'd have a plethora of social networking, commenting, and rating systems tailored in whatever way is determined to be optimal) and the writers who are most appreciated by the readers are getting paid.
At the same time, the readers get to try out as much writing as they want for free, so stuff is NOT hidden behind a paywall. They can read the article first and if they find it useful to them can award their dollars. If not, they don't. This encourages quality and also encourages a wide readership.
Anyway I would totally pay $10/month for a system like this. I think you would actually see the case that many people would voluntarily choose to pay more than $10/month just so they can contribute more to their favourite authors. The whole "Radiohead Rainbows" effect.
Feel free to steal my idea and make it a Y-Combinator startup.
I thought I made it clear you could assign as much money as you want to particular articles. And the amount of money assigned would obviously be used in some algorithm as a kind of sliding scale vote?
Do you know what papers Murdoch publishes? (aside from the WSJ)
Go for it.
Don't bother writing about it and talking about it.
Do it.
Put up your pay wall and see who pays.
Until then. . . .
Murdoch is right that people will pay for quality.
But there are almost zero commercial writing institutions that produce quality.
I only subscribe to the Economist.
I had The Economist in mind :P
See International News Service v. Associated Press, 248 U.S. 215 (1918). (http://en.wikipedia.org/wiki/International_News_Service_v._A...)
So I think if someone just paraphrased a pay site's stories, the pay site would be able to stop them.
Instead of digging in their heels and believing they can force their product on the market maybe they should try to iterate.
Maybe your just implying that there isn't really any need to read an article from Murdoch unless its free?
I wont pay editorial content online. Period. I dont even use google news either. They are not the problem.
I pay for subscriptions on dead trees to arrive at my house because that is the only way I can read it in peace. Now if Murdoch has a idea that his failing businesses are failing because of the internet, good riddance. Have fun selling used cars instead, atleast they cant be digitally copied.
He may be good at what he does, but he does not do the internet. Somebody need to have the balls to tell it to his face.
Well said!
[1] Sarcasm.
Since when is anyone suggesting that US government get involved in commercial journalism?
Just like the fake bogeyman of Google misappropriating his content when all News Corp has to do is take 20 seconds to edit the robots.txt file.
Murdoch's statements are a textbook example of disinformation. And he wants the consumer to pay for this yellow journalism?