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Rupert Murdoch's media empire produces news, but he also has a habit of making it himself. Most recently, he was a headline-creator when he stated he'd be pulling his websites out of Google's index.
Journalism in the 21st century is clearly something that matters a lot to Murdoch, both financially and personally. And in an op-ed piece in his own Wall Street Journal, Murdoch laid out his views on where he sees journalism going, and who needs to stay out of it.
Maybe Rupert Murdoch isn't so crazy after all. Little more than two weeks after he essentially stated "Google? We don't need no stinkin' Google", reports have surfaced that Microsoft is talking with News Corp. and other newspaper publishers.
The proposition Microsoft is reportedly floating: "delist" from Google and give Bing exclusivity when it comes to indexing your content. In exchange, Microsoft would pay the publishers the cold hard cash they're so desperately seeking as print revenues continue their rapid erosion.
How much is the news worth? It's a question that's weighing on the minds of many news media execs these days as they grapple with the challenge of figuring out new business models.
Paid content looks to be a big part of those new business models, but there's one question that still dogs execs: just how big is the market for paid news?
Rupert Murdoch is a media mogul who hasn't shied away from revealing his true feelings towards Google. The best way to sum them up? If Google didn't exist, he would be all the happier.
Earlier this year, Murdoch asked cable industry execs "Should we be allowing Google to steal all our copyrights?" His response: media execs should be saying "Thanks, but no thanks" to Google.
While other newspapers like the New York Times grapple with how to charge readers for content online, the Wall Street Journal stands out as one of the few newspapers that doesn't have to deal with such issues.
Unlike many other newspapers, the Journal didn't drink the 'content just wants to be free' kool-aid. When it seemed like advertisers had an unlimited amount of money to throw around, the Journal stuck to its guns and ironically, has managed to have its cake and eat it too. Its ad sales are healthy and the mixed model it employs has apparently proven to be the secret sauce.
By just about any reasonable measure, The Economist is doing pretty darn well for a magazine. As the print world frequently looks to be in a state of perpetual implosion, The Economist stands out as one of the print publications that's not only surviving, but thriving.
While struggling print publications like The New York Times mull a paid content strategy from a position of desperation, The Economist is going paid from a position of strength.
There's a lot of talk about newspapers charging for their content online but quietly, something interesting is happening: the very blogs that are usually associated with 'free' are dipping their toes in the waters of paid content.
In the tech blogosphere, TechCrunch and ReadWriteWeb sell reports. GigaOm has a subscription service. Add to that list Ars Technica, which has launched a new subscription service dubbed Ars Premier 2.0.
Duncan Riley is founder and editor of The Inquisitr, a popular blog that has grown to around 3m page impressions in little more than a year. He also founded The Blog Herald back in 2002, and was a co-founder of the b5media blog network. He has also written for Techcrunch.
As such he knows a thing or two about blogging and I thought I'd catch up with him to find out how he thinks the blogosphere has evolved in the past few years, and where things might be heading in the future.
There's a lot of talk about paid content these days for obvious reasons and there's only going to be more of it now that Rupert Murdoch has announced plans for News Corp. to go all in.
One of the reasons there's so much debate over paid content is that there are a lot of misconceptions and myths about paid content. As someone who has run paid content websites for years, I thought I'd share the five biggest paid content myths I frequently hear mentioned in discussions about paid content.
Commentators have queued up to tell Rupert Murdoch that his plan to charge for online content is wrong. But I think it's obvious that he can charge.
Murdoch's got the will to charge, access to value-add content, and has a lot of experience selling subscription products in the UK. The question is not whether he can charge - it's whether his competitors can match his content and experience.
Newspaper publishers want the best of both worlds. They want the traffic that Google can deliver, but also think that the search engine owes them something. Specifically: “A fair share of the revenues being generated through the commercial exploitation of our content”.
Well, newsflash: Google owes the newspapers nothing. And now it has openly told the newspapers how to block web pages from the search engines by using the robots.txt no-inclusion protocol. If they want to, that is. There’s a barrier for those who want it. Now put up, or shut up.
Of course this isn’t new to anybody, but Google’s stance, as paidContent puts it, “effectively raises a middle finger to the 169 signatories to the Hamburg Declaration on Intellectual Property Rights, including Dow Jones managing editor Robert Thomson and News Corp Europe CEO James Murdoch”.
It’s going to be interesting to see if even one of those 169 signatories, or any other major newspaper, is actually brave, dumb and ballsy enough to take Google up on its offer. What’s the betting? I’ll wager that not one of them will go ahead with this.
Paid content and subscription services are hot once again thanks to an economic downturn that has reminded online publishers that ad revenues are not impervious.
But paid content isn't easy online (newspapers can attest to that) and many publishers inevitably fail at making the transition from free to paid. Here are several ways you can boost your chances of succeeding when selling content online.