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	<title>Comments on: Old Media Powerhouse Learns New Media Lesson</title>
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	<link>http://successcreeations.com/263/old-media-powerhouse-learns-new-media-lesson/</link>
	<description>Guiding Your Business to Increased Income though Effective New Media Systems Online</description>
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		<title>By: Chris</title>
		<link>http://successcreeations.com/263/old-media-powerhouse-learns-new-media-lesson/#comment-28896</link>
		<dc:creator>Chris</dc:creator>
		<pubDate>Tue, 18 Sep 2007 21:33:33 +0000</pubDate>
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		<description>Mark, I think what Brijit was getting at is that so much news and opinion is available anywhere these days for free that it has effectively become a commodity. 

The NYT discovered that they were leaving money on the table by making their content hard to access because it cut their search engine referrals way down. The traffic from Google, Yahoo, etc. was bouncing right off the subscription barrier rather than viewing pages in that portion of their site.</description>
		<content:encoded><![CDATA[<p>Mark, I think what Brijit was getting at is that so much news and opinion is available anywhere these days for free that it has effectively become a commodity. </p>
<p>The NYT discovered that they were leaving money on the table by making their content hard to access because it cut their search engine referrals way down. The traffic from Google, Yahoo, etc. was bouncing right off the subscription barrier rather than viewing pages in that portion of their site.</p>
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		<title>By: Mark Goodyear</title>
		<link>http://successcreeations.com/263/old-media-powerhouse-learns-new-media-lesson/#comment-28890</link>
		<dc:creator>Mark Goodyear</dc:creator>
		<pubDate>Tue, 18 Sep 2007 20:14:24 +0000</pubDate>
		<guid isPermaLink="false">http://successcreeations.com/2007/09/18/old-media-powerhouse-learns-new-media-lesson/#comment-28890</guid>
		<description>So should I feel stupid that I had a Times Select subscription?

I have to say that I don&#039;t understand Brijit&#039;s initial comment about commodity pricing. The cost of a subscription was always just high enough to demonstrate the audience&#039;s investment to advertisers, right?</description>
		<content:encoded><![CDATA[<p>So should I feel stupid that I had a Times Select subscription?</p>
<p>I have to say that I don&#8217;t understand Brijit&#8217;s initial comment about commodity pricing. The cost of a subscription was always just high enough to demonstrate the audience&#8217;s investment to advertisers, right?</p>
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		<title>By: Chris</title>
		<link>http://successcreeations.com/263/old-media-powerhouse-learns-new-media-lesson/#comment-28874</link>
		<dc:creator>Chris</dc:creator>
		<pubDate>Tue, 18 Sep 2007 17:34:48 +0000</pubDate>
		<guid isPermaLink="false">http://successcreeations.com/2007/09/18/old-media-powerhouse-learns-new-media-lesson/#comment-28874</guid>
		<description>Brijit, Good point that there may still be a market for the highest quality niche content via subscription. People &lt;i&gt;are&lt;/i&gt; willing to pay for content they can&#039;t get anywhere else.

But then the author has to actively market their content in addition to the effort required to produce it. And that marketing eats into the profit margin.</description>
		<content:encoded><![CDATA[<p>Brijit, Good point that there may still be a market for the highest quality niche content via subscription. People <i>are</i> willing to pay for content they can&#8217;t get anywhere else.</p>
<p>But then the author has to actively market their content in addition to the effort required to produce it. And that marketing eats into the profit margin.</p>
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		<title>By: Brijit</title>
		<link>http://successcreeations.com/263/old-media-powerhouse-learns-new-media-lesson/#comment-28868</link>
		<dc:creator>Brijit</dc:creator>
		<pubDate>Tue, 18 Sep 2007 16:48:40 +0000</pubDate>
		<guid isPermaLink="false">http://successcreeations.com/2007/09/18/old-media-powerhouse-learns-new-media-lesson/#comment-28868</guid>
		<description>Commodity content gets commodity pricing, so the price of news goes to zero. Great for the consumer. Unless, of course, our unwillingness to pay for content makes it impossible for the unique, high-quality, low-volume, long-form publishers to make a living, in which case we all lose.

Wouldn’t it be ironic if the New York Times, which holds itself up as a bastion of editorial integrity and quality journalism, helped kill both?

We’re building a business to put the best possible content in front of the largest possible audience. Our mission is simple: make it easy for all of us to discover and access the world&#039;s best content, quickly, inexpensively and on our own terms. Hope you&#039;ll check it out.</description>
		<content:encoded><![CDATA[<p>Commodity content gets commodity pricing, so the price of news goes to zero. Great for the consumer. Unless, of course, our unwillingness to pay for content makes it impossible for the unique, high-quality, low-volume, long-form publishers to make a living, in which case we all lose.</p>
<p>Wouldn’t it be ironic if the New York Times, which holds itself up as a bastion of editorial integrity and quality journalism, helped kill both?</p>
<p>We’re building a business to put the best possible content in front of the largest possible audience. Our mission is simple: make it easy for all of us to discover and access the world&#8217;s best content, quickly, inexpensively and on our own terms. Hope you&#8217;ll check it out.</p>
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