Slashdot Mirror
Times Paywall In Questionable 'Success'
takowl writes "It's been a few months since The Times newspaper in the UK (part of the Murdoch stable) hid its online stories behind a paywall. The media watched eagerly to see if people would pay for news online. Now The Times has uncovered its first results: some 105,000 have coughed up online, and another 100,000 print subscribers have access. Naturally, the paper is keen to promote this as a success: some people are willing to pay. The BBC's technology correspondent, on the other hand, reckons: 'it's safe to assume that Times Newspapers has yet to achieve the same revenues from its paywall experiment that were available when its website was free.' Will online subscribers help the Times survive? Will other papers follow its lead?"
Actually, Its much funnier than that.
->unique visitors to its front page
only 100,000 went beyond that.
21million
to
100,000
means they lost 99.53% of their readers
And for those not in the UK, they've been slamming adverts on TV asking people to join, but we all know its google these days that drive visitors, and they've all but vanished from that.
Once you factor in attrition I'll give them 12 months left to live.
Complete BS.
You don't need to pay Google anything.
(Yes, I realize this is an anecdote.)
My business (computer repair) was paying Google about $200/month for adwords. And it was poor targeting. Keywords & regions are it. For example, I couldn't have no ads on the weekends, and lots of ads on Monday. Even if I did it manually, the numbers changed gradually. So we decided to stop adwords since we weren't getting any real hits from it. Now, we get calls regularly from people who found us on Google. They seemed to be ignoring us if they saw us in adwords, but actually contact us if we're not in adwords. So we're more profitable AND have fewer expenses.
Tell me you don't subconsciously ignore businesses with excessive/annoying ads.
There are two types of people in the world: Those who crave closure
WSJ was a unique newspaper. They were publishing unbiased, reliable, useful news, which is why so many people (including me) were willing to pay any reasonable price for it, certainly $150 a year. I don't think you say that about any other Murdoch publication (and I'm not sure you can say that about the WSJ any more). I'm not going to pay $150 a year (or anything) for right-wing propaganda.
The WSJ's news was as objective as humanly possible. Their news department had an independence from the advertising department and the publisher's personal causes that was legendary. The far right editorial page was a useful cover for reporters who were free to tell it like it is. http://www.time.com/time/magazine/article/0,9171,956896,00.html
For example, when General Motors threatened to withdraw all their advertising from the WSJ if they printed a story GM didn't like, the WSJ told GM to go fuck themselves. It was a long time, after GM finally came crawling back, before the WSJ let them advertise again.
The New York Times in contrast used to print puff pieces on for example the auto industry, because they were big advertisers, and the publisher used to promote his or her pet causes all the time. See Gay Talese's "The Kingdom and the Power" or Robert Moses' "The Power Broker."
Rupert Murdoch was willing to tell any lie, break any promise, or betray any trust to get a reputation for integrity. That's how he bought the WSJ.
Unfortunately, since Murdoch bought it, not only the integrity but the quality has gone down. In my reading, they don't always give both sides of the story they way they used to, doesn't always have the depth it used to, and now has a Republican tilt. According to the NYT, one of Murdoch's new editors in the Washington bureau was cutting out paragraphs that were favorable to Democrats and unfavorable to Republicans. You want me to pay for that?