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Free News On The Internet A Failed Business Model?
Philip Stone September 24, 2008
The media has been rushing the past few years to put all its breaking news on the Internet for free, and while at it, might as well put the features, investigative pieces, in fact just about everything there! And by golly, Internet readership shot up while print circulation fell. Why buy the newspaper when that news is on the Internet for free? So what that Internet ads are bringing in only 12% of what a print ad does? Could it be that the free news on the internet business model isn’t all it’s cracked up to be, or put another way, is that mirror cracked?
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