Journalism’s super-spenders and the new subscription economy
It feels stupidly obvious to even point out, but it would be slightly easier to save journalism if consumers had more money to pay for journalism.
When I was a decently compensated staff writer for the Los Angeles Times (unionize your workplaces, folks), I happily chipped out pieces of my paycheck to follow Ed Yong’s work on COVID-19 at The Atlantic and Eric Levitz’s interpretations of Bidenomics at New York Magazine.
Related Knowledge Center: State of the business model
The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.