The “nonprofit” theory of how to save legacy media is about to get a real world test case.
Anybody want to read a manuscript-in-progress? Wait! Don’t run away just yet!
It’s like when the Internet goes out. Before the Internet.
Newsday erects a pay wall. 35 people subscribe. Newspaper editors collectively shudder. Total cost of Newsday’s failed experiment? A cool four million dollars.
Reuters takes the opposite approach from the AP or NewsCorp. Good for them. Writes Chris Aheam:
Why? Honestly, why can’t newspapers be successful with online revenue only? Other companies finance their operations online. Google is financed entirely (or almost entirely) through ad revenue. Why can’t the news survive in this...
Matt Yglesias points us to a very bad idea coming from the typically pretty savvy Richard Posner:
Resting at the heart of State of Play (2009) is not so much the personal relationships of the characters – who are mostly forgettable save for Crowe’s Cal McAffrey – or the grand (and...