{"id":434,"date":"2007-05-19T01:24:00","date_gmt":"2007-05-19T07:24:00","guid":{"rendered":"http:\/\/adrianmonck.com\/?p=434"},"modified":"2009-05-11T23:04:57","modified_gmt":"2009-05-11T22:04:57","slug":"the-future-funders-of-news","status":"publish","type":"post","link":"https:\/\/adrianmonck.com\/about\/2007\/05\/the-future-funders-of-news\/","title":{"rendered":"The future funders of news"},"content":{"rendered":"<p><span class=\"drop_cap\">V<\/span><a style=\"font-weight: bold;\" href=\"http:\/\/www.digitaldeliverance.com\/blog\/2007\/05\/effects_of_supply_demand_and_u.html\" target=\"_blank\">in Crosbie<\/a> takes on the issue of who will pay for online news content. The central question for news content is not what is paying for it, but who. <\/p>\n<p>Printed newspapers are not about to go away, but they are managing decline. That means a lot of management time spent on cost reduction and restructuring (new work practices, technology, workflows etc.). <\/p>\n<p>Printed newspapers who take their product online will get advertising revenues, but those revenues won&#8217;t support the existing staff structures. Look at the emergence of <a style=\"font-weight: bold; font-style: italic;\" href=\"http:\/\/www.politico.com\/\" target=\"_blank\">The Politico<\/a> &#8211; basically obsolescing bespoke political coverage.<\/p>\n<p>The big online news providers are not reliant for their core revenues on maintaining declining operations. <span style=\"font-weight: bold;\">Reuters<\/span> is one example. Its news operation was just 7% of the unmerged company&#8217;s business and will only get smaller when the <span style=\"font-weight: bold;\">Thomson<\/span> merger goes through. <span style=\"font-weight: bold;\">BBC News<\/span> is another. It is paid for by UK licence fee payers. These providers are basically happy to put news content online for free.<\/p>\n<p>The future funders of general online news content will not be consumers themselves, nor advertising, nor micro-payments. They will be governments and businesses that see \u201cindependent\u201d news provision as a public affairs spend.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vin Crosbie takes on the issue of who will pay for online news content. The central question for news content is not what is paying for it, but who. Printed newspapers are not about to go away, but they are managing decline. That means a lot of management time spent on cost reduction and restructuring [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[7,270],"tags":[],"class_list":["post-434","post","type-post","status-publish","format-standard","hentry","category-journalism","category-news-biz"],"_links":{"self":[{"href":"https:\/\/adrianmonck.com\/about\/wp-json\/wp\/v2\/posts\/434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/adrianmonck.com\/about\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/adrianmonck.com\/about\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/adrianmonck.com\/about\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/adrianmonck.com\/about\/wp-json\/wp\/v2\/comments?post=434"}],"version-history":[{"count":2,"href":"https:\/\/adrianmonck.com\/about\/wp-json\/wp\/v2\/posts\/434\/revisions"}],"predecessor-version":[{"id":3105,"href":"https:\/\/adrianmonck.com\/about\/wp-json\/wp\/v2\/posts\/434\/revisions\/3105"}],"wp:attachment":[{"href":"https:\/\/adrianmonck.com\/about\/wp-json\/wp\/v2\/media?parent=434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/adrianmonck.com\/about\/wp-json\/wp\/v2\/categories?post=434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/adrianmonck.com\/about\/wp-json\/wp\/v2\/tags?post=434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}