Pay for news? It’s just not worth it                                     By: King Kaufman   Presented by: TarekAbouArbid
“Almost all news organizations will be changing for content within a year”                                                        - Lionel Barber, Financial time editor
Charge readers for accessValue for their moneyProduce a quality product
Provide a real serviceto provide real value to readersReally stand outInform, entertain, enlightenTop-notch—not occasionally, but consistently
It's just too easy for readers to look elsewhere—especially if you stick a pay wall in front of them
Think newspapers are full of unique content
 Most newspapers have been relentlessly mediocre, for the most part, for years or even decades. It's hard to justify asking people to pay for a product that's not nearly as good as it was a couple of years ago, and may not have been that good to begin with
Want Proof
The current print formula of raising newsstand and subscription price while reducing the quality of the product is having a quite predictable effect on circulation. Readers can tell the difference, and they’re walking away.
If you want people to pay for something, you’ve got to give them a good product at a price they’re willing to pay
iTunes
The sad fact about “almost all news organizations” is that they don’t provide the same kind of value
Three standards questions of quality that newspapers need to measure themselves in today's environment, online and offline:1. Does the paper truly meet the needs of its community?2. Is the paper truly willing to innovate to meet community desires and requirements for new products and coverage?3. Is the paper’s management and staff truly willing to fundamentally change what it’s doing, at every level of its operation, to adapt to the new realities of the business?
clunkyhard to navigateNewspaper Web sites aren't really very good—they're still (mediocre) newspapers pasted on a screenunimaginativetext-heavy
People look to aggregators
Google is doing the valuable work, providing something worthwhile by aggregating and making some sense out of the massive flow of news and information
In conclusion, news organizations may charge readers for access- But readers won’t pay, at least not in anything resembling sufficient numbers. Not unless they see significant quality and value.
Weisbein, J. (2010), “Newspapers Have Alternatives to the Paywall, But Will They Explore Them?” accessed 13 September 2010, <http://www.besttechie.net/2010/07/20/newspapers-alternatives-paywall/> Potts, M. (2010), “Journalism Online in Lancaster: Dead on Arrival?”accessed 13 September 2010, <http://recoveringjounalist.typepad.com/> Potts, M. (2009), “You Can't Charge For Something That Doesn't Provide Value”, accessed 13 September 2010, <http://recoveringjournalist.typepad.com/recovering_journalist/2009/07/you-cant-charge-for-something-that-doesnt-provide-value.html>Kaufman, K. (2009), “The pay walls are coming!” accessed 13 September 2010, <http://open.salon.com/blog/future_of_journalism/2009/07/16/the_pay_walls_are_coming> Kaufman, K. (2009), “Gawker steps up as GQ cowers” accessed 13 September 2010, <http://open.salon.com/blog/future_of_journalism/2009/09/04/gawker_steps_up_as_gq_cowers> Kaufman, K. (2009), “Google to publishers: Are you crazy?” accessed 13 September 2010, <http://open.salon.com/blog/future_of_journalism/2009/07/15/google_to_publishers_are_you_crazy> Seward, Z. (2009), “Niche outlets replace newspapers in Washington”,Nieman Journalism Lab, Harvard University, accessed 13 September 2010, <http://www.niemanlab.org/2009/07/niche-outlets-replace-newspapers-in-washington/>Potts, M. (2009), “You Can't Charge For Something That Doesn't Provide Value”, accessed 13 September 2010, <http://recoveringjournalist.typepad.com/recovering_journalist/2009/07/you-cant-charge-for-something-that-doesnt-provide-value.html>RELEVANT MATERIALS

Week 8 presentation (tarek abouarbid)

  • 1.
    Pay for news?It’s just not worth it By: King Kaufman Presented by: TarekAbouArbid
  • 2.
    “Almost all newsorganizations will be changing for content within a year” - Lionel Barber, Financial time editor
  • 3.
    Charge readers foraccessValue for their moneyProduce a quality product
  • 4.
    Provide a realserviceto provide real value to readersReally stand outInform, entertain, enlightenTop-notch—not occasionally, but consistently
  • 5.
    It's just tooeasy for readers to look elsewhere—especially if you stick a pay wall in front of them
  • 6.
    Think newspapers arefull of unique content
  • 7.
    Most newspapershave been relentlessly mediocre, for the most part, for years or even decades. It's hard to justify asking people to pay for a product that's not nearly as good as it was a couple of years ago, and may not have been that good to begin with
  • 8.
  • 9.
    The current printformula of raising newsstand and subscription price while reducing the quality of the product is having a quite predictable effect on circulation. Readers can tell the difference, and they’re walking away.
  • 10.
    If you wantpeople to pay for something, you’ve got to give them a good product at a price they’re willing to pay
  • 11.
  • 12.
    The sad factabout “almost all news organizations” is that they don’t provide the same kind of value
  • 13.
    Three standards questionsof quality that newspapers need to measure themselves in today's environment, online and offline:1. Does the paper truly meet the needs of its community?2. Is the paper truly willing to innovate to meet community desires and requirements for new products and coverage?3. Is the paper’s management and staff truly willing to fundamentally change what it’s doing, at every level of its operation, to adapt to the new realities of the business?
  • 15.
    clunkyhard to navigateNewspaperWeb sites aren't really very good—they're still (mediocre) newspapers pasted on a screenunimaginativetext-heavy
  • 16.
    People look toaggregators
  • 17.
    Google is doingthe valuable work, providing something worthwhile by aggregating and making some sense out of the massive flow of news and information
  • 18.
    In conclusion, newsorganizations may charge readers for access- But readers won’t pay, at least not in anything resembling sufficient numbers. Not unless they see significant quality and value.
  • 19.
    Weisbein, J. (2010),“Newspapers Have Alternatives to the Paywall, But Will They Explore Them?” accessed 13 September 2010, <http://www.besttechie.net/2010/07/20/newspapers-alternatives-paywall/> Potts, M. (2010), “Journalism Online in Lancaster: Dead on Arrival?”accessed 13 September 2010, <http://recoveringjounalist.typepad.com/> Potts, M. (2009), “You Can't Charge For Something That Doesn't Provide Value”, accessed 13 September 2010, <http://recoveringjournalist.typepad.com/recovering_journalist/2009/07/you-cant-charge-for-something-that-doesnt-provide-value.html>Kaufman, K. (2009), “The pay walls are coming!” accessed 13 September 2010, <http://open.salon.com/blog/future_of_journalism/2009/07/16/the_pay_walls_are_coming> Kaufman, K. (2009), “Gawker steps up as GQ cowers” accessed 13 September 2010, <http://open.salon.com/blog/future_of_journalism/2009/09/04/gawker_steps_up_as_gq_cowers> Kaufman, K. (2009), “Google to publishers: Are you crazy?” accessed 13 September 2010, <http://open.salon.com/blog/future_of_journalism/2009/07/15/google_to_publishers_are_you_crazy> Seward, Z. (2009), “Niche outlets replace newspapers in Washington”,Nieman Journalism Lab, Harvard University, accessed 13 September 2010, <http://www.niemanlab.org/2009/07/niche-outlets-replace-newspapers-in-washington/>Potts, M. (2009), “You Can't Charge For Something That Doesn't Provide Value”, accessed 13 September 2010, <http://recoveringjournalist.typepad.com/recovering_journalist/2009/07/you-cant-charge-for-something-that-doesnt-provide-value.html>RELEVANT MATERIALS