Tag Archives: News Business

Great analysis of the challenges of micropayments as an online news business

Robert G. Picard: The transaction cost problem of newspaper micropayments Summary: No deed goes unpunished. Some points: Each article (or content item) has a different economic value, but the cost of a sale remains significant per article. So, in a collective, more profitable content will need to subsidize less profitable content. Pre-paid accounts for customers would be the most efficient [...]
Posted in Newsroomnext, flyingflashlight | Also tagged , , , | Leave a comment

Google’s chief economist explains value in era of endless info

Hal R. Varian quoted in Wired: Varian believes that a new era is dawning for what you might call the datarati—and it’s all about harnessing supply and demand. ‘What’s ubiquitous and cheap?’ Varian asks. ‘Data.’ And what is scarce? The analytic ability to utilize that data.” Providing information analysis is a task that is related to but [...]
Posted in News Business, Newsroomnext, Scarcity to Abundance | Also tagged , , , , , , , | Leave a comment
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