A useful list of business models to sustain news
A media blogger in New Delhi, India has compiled an interesting list of 14 possible business models to apply to the news business.
Given the recent stories about the problems being faced by newspapers and newsmagazines, it's fascinating to see how many alternatives there may be. (And it's necessary, since it has been calculated it would cost an impossible $114 billion to perpetuate all American newspapers as not-for-profit entities.)
Some ideas on the list, such as a consortia of newspapers collaborating with Google, seem non-starters to me. But others are intriguing and already work well (for instance the Guardian's trust model).
Given the recent stories about the problems being faced by newspapers and newsmagazines, it's fascinating to see how many alternatives there may be. (And it's necessary, since it has been calculated it would cost an impossible $114 billion to perpetuate all American newspapers as not-for-profit entities.)
Some ideas on the list, such as a consortia of newspapers collaborating with Google, seem non-starters to me. But others are intriguing and already work well (for instance the Guardian's trust model).
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