Once print advertising collapsed, newspapers hiked prices to get more money from readers. If they hadn’t, they’d employ even fewer journalists and be in even worse shape today.
One finding: “Need-to-know material converts (related to how to live your life, understand the world), while nice-to-know (guides, arts, reviews) converts badly but is key for retention.”
“The promise of Facebook growth is that, if get your strategy just right, you can get big scale and make money off a relatively small cost base…But there is no media business without a relationship with the consumer.”
In the Netherlands and in Germany, two closely watched startups have gone to readers to pay the bills. What lessons from there can be applied elsewhere?
Doctor, Ken. "The newsonomics of European crowds, funding new news." Nieman Journalism Lab. Nieman Foundation for Journalism at Harvard, 26 Jun. 2014. Web. 21 Apr. 2024.
APA
Doctor, K. (2014, Jun. 26). The newsonomics of European crowds, funding new news. Nieman Journalism Lab. Retrieved April 21, 2024, from https://www.niemanlab.org/2014/06/the-newsonomics-of-european-crowds-funding-new-news/
Chicago
Doctor, Ken. "The newsonomics of European crowds, funding new news." Nieman Journalism Lab. Last modified June 26, 2014. Accessed April 21, 2024. https://www.niemanlab.org/2014/06/the-newsonomics-of-european-crowds-funding-new-news/.
Wikipedia
{{cite web
| url = https://www.niemanlab.org/2014/06/the-newsonomics-of-european-crowds-funding-new-news/
| title = The newsonomics of European crowds, funding new news
| last = Doctor
| first = Ken
| work = [[Nieman Journalism Lab]]
| date = 26 June 2014
| accessdate = 21 April 2024
| ref = {{harvid|Doctor|2014}}
}}
