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September 25, 2006

Michael Kinsley: Ten years of conventional wisdom

"The fact that people won't pay for news on the Internet isn't as devastating for the old medium as it seems. People don't pay for their news in traditional newspapers: they pay for the paper, which typically costs the company more than it charges for the finished product. So in theory, giving away the news without the paper looks like a good deal for newspapers, if they can keep the advertising." — Michael Kinsley, Time, Oct. 2, 2006

"We intend to charge $19.95 a year for SLATE. That is far less than the cost of equivalent print magazines, because there's no paper, printing, or postage. But $19.95 ($34.95 for two years) is more than zero, which is what Web readers are used to paying. We believe that expecting readers to share the cost, as they do in print, is the only way serious journalism on the Web can be self-supporting. Depending completely on advertisers would not be healthy even if it were possible." —Michael Kinsley, Slate, June 25, 1996

Posted by Daniel Radosh

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