should we pay for the New York Times?

Yes. Otherwise we’ll have nothing but Facebook.

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… the advertising business, especially on mobile, is increasingly in the hands of one company: Facebook. In the last quarter, Facebook made $1.5 billion in profit. Not revenue. Profit. …

Facebook’s command over everyone’s attention span, as well as its deft use of your personal data, has turned it into a money-spinning machine. We may well look back and see Facebook as the most consequential development in publishing since the invention of hot type …

So where does that leave old fashioned news organizations like The New York Times? Surveying this seemingly terrifying landscape, I am cautiously optimistic. The successful rollout of our paywall in 2011 was crucial in resetting the conversation with readers about the value of the journalism we produce. The Times now has 1.2 million digital subscribers worldwide, with the fastest growth coming from outside the United States. …

Why people pay to read The New York Times

I’m paying for Economist now. Seems I should suck it up and start paying for others of my favourite news sources.

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Published by

Rick Mc

Career gymnastics coach who loves the outdoors, and the internet.

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