Thursday, April 23, 2009

Government Cancels Subscriptions

You know your business model is in trouble when entire cabinet-level agencies in a Democratic administration are canceling their newspaper subscriptions. Homeland Security has instructed its employees to access articles online instead. After all, "most publications can be found online on an in-house Web site," the agency said (via the Associated Press). Newspapers that are relying on print for the vast majority of revenue, yet are giving content away online without getting much in return, are absolutely in trouble. Perhaps there should be a reprise of the morning/evening paper model, except with a paid print entity and a free internet entity in each city. At the very least it would be interesting to see if readers would pay for higher quality.

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