John Naughton's talking sense about economics, news and the Web today in the Observer:
Things have got so bad that Rupert Murdoch has tasked a team with finding a way of charging for News Corp content. This is the "make the bastards pay" school of thought. Another group of fantasists speculate about ways of extorting money from Google, which they portray as a parasitic feeder on their hallowed produce. And recently a few desperadoes have made the pilgrimage to Capitol Hill seeking legislative assistance and/or federal bailouts for newspapers
Volume and diversity: the future's bright for news online
It's difficult to keep one's head when all about one people are losing theirs, but let us have a go. First of all, some historical perspective might help. When broadcast radio arrived in the US in the 1920s, nobody could figure out a business model for it. How could one generate revenue from something that could be listened to by anyone for free? Dozens of companies were founded to exploit the new medium, and most of them folded. The problem was solved by a detergent manufacturer named Procter & Gamble, which came up with the idea of sponsoring dramatic serials: the soap opera - and the mass market - was born.
The moral is simple: eventually someone will figure out a business model that works for online news. But it may take some time, and lots of outfits will fall by the wayside in the meantime. That's capitalism for you.
The fully-funded Macchina project on Kickstarter is an Arduino-based, “open, versatile” gadget that bypasses the DRM in your car’s network, allowing you to configure it to work the way you want it to, so you can customize your car in all kinds of cool ways.
I’m touring 20 US cities (plus dates in Canada and the UK!) with my forthcoming novel Walkaway; the full tour hasn’t been announced yet, but I’m delighted to reveal that the NYC stop on May 3 will be at the New York Public Library, where my interlocutor will be the whistleblower Edward Snowden. Tickets are […]
dj BC writes, “In 2006 I mixed a bunch of New Orleans artists with Wu Tang rappers to make the record ‘Wu Orleans.’ 11 years later, here’s part two, with ten new songs. Free MP3 download of both albums here. A very limited run of vinyl with all 20 Wu Orleans songs on two records, […]
DJI is the world’s leading designer and producer of easy-to-fly drones and aerial photography systems. If you’re a drone enthusiast, you want a DJI. If you know absolutely nothing about drones and think they’re weird, if you win a DJI you’re going to become a drone enthusiast.Enter this giveaway (for free, yes) and you’ll get a […]
Although there will never be a consensus about the best way to make coffee, any coffee connoisseur will agree that controlling the grind of your beans and balancing water temperature are the keys to a tasty cup. Since your plastic coffee pot doesn’t really allow for that kind of customization, going back to the French […]