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by jmadsen 3931 days ago
Magazines & newspapers shot themselves in the foot when they ran out to produce free content to "stay in the game" like everyone else.

Their original product was never free, but they didn't think that through. They made most money through ads & classified, but they still charged for the product.

Now they need to figure out how to make each visitor be worth 50 cents or whatever, and they are trying to do it in a way that people were already growing sick of when they started.

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They should create a system of micropayments where people can have a instantly accessible purse & a page can charge a few cents to few, ranked by content, author, whatever.

they need to start selling their content again.