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Home business models

Pay Per Day

by Dana Blankenhorn
April 19, 2021
in business models, business strategy, Current Affairs, e-commerce, Internet, investment, journalism
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Amazon-smileThere are days when I’m disgusted by my fellow journalists, and the whole journalism business.

This is one of those days.

While elite journalists bemoan the right-wing propaganda machine, seeing it as an existential threat to democracy and liberty, they’re defending an industry rapidly going behind paywalls. Nearly all daily newspapers are already there. Now the news services are doing. The latest is Reuters, which erected theirs this weekend.

The criticism is apt. The refusal to do anything about it is criminal.

There are things that can be done. I have been flogging the idea of “day passes” for some time.

Instead of demanding the commitment of a subscription, newspapers can offer day passes that let people behind the paywall for 24 hours or even less. When I tweeted this idea, however, a reporter for the Columbia Journalism Review specializing in digital journalism instantly dismissed it, calling it unworkable. (I felt like throttling the bastard.)

Amazon can make this work. Google can make this work. So could Microsoft or Apple. Heck, Facebook could make this work.


Reuters logoYou write an API that handles the permissions. You build an app that handles the purchases. You run it through a batch process on the back-end so there’s just one charge each month, although that’s monitored on the app.

Say you’re charging $25/month for access. That’s what Reuters wants. Call that $1/day. You can even set a limit on stories if you like. We have the technology for it. It’s not that damned hard.

Newspapers that subscribe to the scheme get more than the cash. They also get registration data, the right to do a follow-up and collect feedback.

You don’t have to just charge cash. Anything whose loyalty can be monetized as points or miles could be used, at a rate set by the app. Papers can offer free tastes, or specials like Amazon does on books. Free days can be sponsored, and the names of those who respond to the offers can be shared with the relevant advertisers.

A news story that’s not read doesn’t exist. Every reporter knows that, yet we stand idly by while our bosses leave readers with nothing but propaganda to read. During my first lecture at Northwestern’s Medill School, in 1977, our teacher suggested we might prefer the nearby Kellogg School of Business. I should have taken him up on it.

Without a functioning business model that puts readers first, journalism doesn’t exist. Medill is now an “integrated marketing” program. I should throw my MSJ into the nearest garbage can.

Tags: Amazonbusiness modelsday ratesGoogleInternet businessInternet journalismjournalismjournalism business modelsnewsnews businessReuters
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Dana Blankenhorn

Dana Blankenhorn

Dana Blankenhorn began his career as a financial journalist in 1978, began covering technology in 1982, and the Internet in 1985. He started one of the first Internet daily newsletters, the Interactive Age Daily, in 1994. He recently retired from InvestorPlace and lives in Atlanta, GA, preparing for his next great adventure. He's a graduate of Rice University (1977) and Northwestern's Medill School of Journalism (MSJ 1978). He's a native of Massapequa, NY.

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