It has a much better chance of success than CNN+ ever did. But it still has to convince people its work is distinctive enough to break out the credit card.
The cable news network plans to launch a new subscription product — details TBD — by the end of 2024. Will Mark Thompson repeat his New York Times success, or is CNN too different a brand to get people spending?
Blendle has been selling news by the article for nearly a decade, but “very limited” demand and the rise of digital subscriptions have done the idea in.
Want to offer a special introductory rate for students and educators? Superfans of your local football team? People who’ve hit your paywall five months running? You now can through the App Store on iPad and iPhones.
Instead of taking 30% of new subscribers’ payments, it’ll take 15%. The money’s welcome, but it’s also a reminder of how little control publishers have over the terms they get from tech giants.
When McClatchy declared bankruptcy in February, its debts were crushing, but its operating numbers weren’t so bad. But the coronavirus ripped away more than a quarter of its revenue in just a few weeks.
Benton, Joshua. "These McClatchy financials are a window into how much damage Covid-19 has done to the newspaper business." Nieman Journalism Lab. Nieman Foundation for Journalism at Harvard, 16 Jul. 2020. Web. 27 Mar. 2025.
APA
Benton, J. (2020, Jul. 16). These McClatchy financials are a window into how much damage Covid-19 has done to the newspaper business. Nieman Journalism Lab. Retrieved March 27, 2025, from https://www.niemanlab.org/2020/07/these-mcclatchy-financials-are-a-window-into-how-much-damage-covid-19-has-done-to-the-newspaper-business/
Chicago
Benton, Joshua. "These McClatchy financials are a window into how much damage Covid-19 has done to the newspaper business." Nieman Journalism Lab. Last modified July 16, 2020. Accessed March 27, 2025. https://www.niemanlab.org/2020/07/these-mcclatchy-financials-are-a-window-into-how-much-damage-covid-19-has-done-to-the-newspaper-business/.
Wikipedia
{{cite web
| url = https://www.niemanlab.org/2020/07/these-mcclatchy-financials-are-a-window-into-how-much-damage-covid-19-has-done-to-the-newspaper-business/
| title = These McClatchy financials are a window into how much damage Covid-19 has done to the newspaper business
| last = Benton
| first = Joshua
| work = [[Nieman Journalism Lab]]
| date = 16 July 2020
| accessdate = 27 March 2025
| ref = {{harvid|Benton|2020}}
}}
