Millie's Comments

July 17, 2009

Profit Model Changes for News Organizations

Filed under: Media Relations — Millie's Comments @ 9:37 am

It is sad to watch so many of this country’s outstanding newspapers closing down or laying off dedicated journalists. If newspapers/news organizations are to survive, they will need to reconsider their business model.

Financial Times Editor Lionel Barber is predicting that most news organizations will be charging for online content within a year.  He isn’t sure how the models will work or how much revenue will actually be generated.  He predicts that news organizations with specialized skills and knowledge could thrive in this new environment while mediocre ones will be much more at risk.

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