Noting that the New York Times( @nytimes ) has had a respectable start to its new paywall system, I wonder if the twenty dollar subscription fee ends up being a workable model for former print media companies in other markets. And by other markets, clearly, I mean Rochester.
The NYT enjoys huge a huge national audience as well as a history of being something of a status symbol paper. You cannot think of their audience as quite reliably local as would be the case here in Rochester with the Democrat and Chronicle( @dandc ). But for the sake of scale, if you think in terms of subscribers to population, they’ve got about eight percent of the city in three months time.
Its obviously much too early to tell whether the Times will be able to keep up with those numbers once readers get charged full price. But its not too early to think about what a paywalled news media might mean.
Personally, the volume of news I read – and the variety of sources – makes the prospect of paying twenty dollars for each impossible. I’d have to cut down my reading considerably. Which would at first blush seem cut down on my reason for blogging considerably.
But then there is something intriguing about the prospect of a city full of bloggers, Tumblr accounts, Twitter feeds and Facebook pages with only the D&C in common. Of a community where notoriety might come from being the first to spot a crucial detail missing from an article. It could be a very good thing for journalism in Rochester, the effect quite apart from the information doomsday that media consolidation normally brings to mind. My mind, anyway.
We shall see….