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What's Happened Since Time Dropped Its Paywall 1 Year Ago (www.adweek.com)

submitted 4 months ago by AnActOfCreation@programming.dev to c/technology@lemmy.world

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Time removed its paywall in June 2023, resulting in a rise in advertising revenue but a loss of digital subscribers, with traffic remaining relatively flat.
The decision was influenced by broader industry trends and the publisher's focus on working with advertisers and leveraging its brand equity in other ventures.
Time aims to achieve profitability by expanding its direct advertising and sponsorship business, growing its global events slate, and exploring new ventures like connected television.

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[+] ghostface@lemmy.world -146 points 4 months ago

Why haven't publication embraced crypto donations like BAT?

I feel much better about sending tokens ive earned by selling my attention, and then sending those earnings to publications which garner my attention.

Is media just too old to adapt?

[-] CosmicTurtle0@lemmy.dbzer0.com 16 points 4 months ago

The problem is that Time and every other news outlet think they are the cats pajamas and deserve your subscription. They suffer a similar problem to streaming platforms except news is not exclusive.

If these companies could organize and build a "pay once, get access to everything everywhere" model, they would see subscriptions go through the roof and get more money. But since the owners of these news outlets want only their own subscribers to go up, it's never going to happen.

I'm not going to pay for 5-10 news subscriptions no matter how great the reporting is.

But I'd be willing to pay $20 or so a month if that meant I can access any article on any news website.

[-] WalnutLum@lemmy.ml 6 points 4 months ago* (last edited 4 months ago)

> pay once, get access to everything everywhere

> thinks about Elsevier

OH GOD PLEASE NO

[-] undefined@links.hackliberty.org 2 points 4 months ago

I use (paid) Apple News, and I really enjoy it. Are there no other “pay once” platforms out there?

My only complaint is that some articles still show ads despite being subscribed, but that’s taken care of with DNS-based ad blocking (though you have to also block a a hostname pointing to an Apple DoH server which I find funny).

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this post was submitted on 27 Jun 2024

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