
Profitability in the internet age
April 11th, 2012
The news media which used to be just radio, television, and the newspaper, now has a lot more players. The Internet has opened opportunities for just about anyone handy with a computer to try their hand at reporting. Because access to news on the internet has generally been free to the public, it has been difficult to make a web-based news business profitable. Now many newspapers are beginning to implement user fees. Recently the Times Herald announced that it would be charging for access to some of their web-based news content. Of course, the response was as expected – many people don’t like the idea of paying for something that used to be free. Even though I’m a radio guy, I see great value for our community to have a healthy local newspaper. In this age of the Internet either they find a way to stay profitable or we all lose.