Wednesday, 15 October 2014

Build the wall analysis

Section 1

This section looked at how they've targeted the Washington post and The New York times. 

Section 2

This section looks at how if the pay wall is going to be effective or not. Are people willing to pay for something that they can get for free? 

Section 3

This section talks about the decline in the industry and it's reasons.


Section 4

 He talks about what the possible outcomes may be.

 - The newspaper becomes successful again and begins to improve turning towards the pay wall. initially allowing them to invest more money in to newspapers. 

- Newspapers go bust and don't sell, new news will be posted online. Newspapers that make a healthy income will be able to pay for high quality journalism. 

 - All newspapers fail and only the high end newspapers will stay in business.

My opinion  

In my opinion I believe that if paywalls were put up the news paper industry will slowly start to decline, due to people being able to access news in other forms. News is available over many different platforms meaning that people don't initially need newspapers to get their news. On the other hand, it comes down to how much people will trust other sources of information, for example if you were to find a news article on a site that you didn't know of, you wouldn't trust the news. Thus there are arguments both for and against this article. Personally, I think that print media won't last very long, due to the increase in technology and the availability of news. 

Comments

A monopoly! Exactly the right way to go - can I get some fries with that?

If all newspapers were priced the same, it would would have an effect on how people brought newspapers, as they would go for the newspapers that they are familiar with. Also it may increase the print market as if all newspapers had a price, then people would be pushed to buy them. 

Newspapers actually haven't been charging readers for the cost of creating content since the 1830s: Economics says online news, in a competitive market, must be free. 

This user has written that, "online news, in a competitive market, must be free" This comment goes with one of David's theory (section 4, theory 2) in this part of the article he talks about how newspapers will go bust and online news will thrive in terms of delivering news to society. This comment backs this up, as news online is free more people tend to use that instead of reading a free newspaper or purchasing a newspaper, this is due to the fact that news online is much faster, it is updated more often than newspapers and finally, it is more convenient for the the consumer. 

Most of the folks writing about the paywall issue are assuming that because only 5-10 percent of the current online readership will sign up for web content, it will be a failure. Actually, the folks behind the paywall effort don't care if anyone signs up for online content. The entire point is to push people into print subscriptions. It could be that some newspapers or groups won't even offer an online-only option. It will just be a free giveaway with print.

This user is saying that the people behind the paywall don't really care if you pay or not, as they're trying to push people in to print subscriptions. However I would disagree with this, as if people don't pay for an online subscription they are very unlikely to pay for a print subscription. Due to the fact that news is heavily available online people don't need to look very hard and far to find what they are looking for. However, people may just be pushed to pay, as they may not trust the source of information from other sites and they feel comfortable receiving their news from a trusted institution.




  

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