The Consumer Trends That Destroyed Media’s Business Model
Major shifts in the way consumers spend their time and money have created a lethal competitive field for news media. Here are some facts and charts about it.
Like many, I was wrong about the subscription model for the news media. I thought that a possible scheme for subscriptions could be: one for national media, in the $12–20 a month range, another, less expensive ($5–$9/month) for local news, and the last one for specialized content, whether it is a business or a leisure publication.
