Comments on: The Internet Ate My Newspaper – How Amazon Can (help) Save Journalism http://techtownnc.com/2009/02/07/the-internet-ate-my-newspaper-how-amazon-can-save-journalism/ NC Tech startup news Tue, 03 Nov 2009 10:45:58 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Howard Owens http://techtownnc.com/2009/02/07/the-internet-ate-my-newspaper-how-amazon-can-save-journalism/comment-page-1/#comment-146 Howard Owens Sat, 07 Feb 2009 19:24:42 +0000 http://techtownnc.com/2009/02/07/the-internet-ate-my-newspaper-how-amazon-can-save-journalism/#comment-146 I think you're misreading the Lippmann quote from my blog. In 1922 Lippmann is explaining quite succinctly why paid content will never work in the 21st Century. People don't want to pay for their news. They never have and never will. Readership for news has been going down for 80 years. How do you think any one local paper is going to be able to generate enough revenue from even $14 a month to pay for all but maybe one reporter? The economics of the matter just don't scale and trend against history and common sense. I think you’re misreading the Lippmann quote from my blog.

In 1922 Lippmann is explaining quite succinctly why paid content will never work in the 21st Century. People don’t want to pay for their news. They never have and never will.

Readership for news has been going down for 80 years. How do you think any one local paper is going to be able to generate enough revenue from even $14 a month to pay for all but maybe one reporter?

The economics of the matter just don’t scale and trend against history and common sense.

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