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Posted by speckx 6 hours ago

Micropayments as a reality check for news sites(blog.zgp.org)
103 points | 223 commentspage 3
ErikCorry 4 hours ago|
I like the coins idea. I don't subscribe because I know I'll forget about it and it will turn into a recurring charge on my credit card. But I would buy $10 of coins, knowing the paywall just comes back if I don't buy more, and if I lose interest it won't keep costing me anything.

When I see the "$1 introductory offer" I just think they are trying to trick me.

eek2121 2 hours ago||
the hard part is the noise:

Very few sites offer quality, original, important content.

Nobody wants to pay for a site the repeats the same old stuff that every other site does, especially when those other sites don't have a paywall. This drives the cost of content to zero, which leads companies to rely on ads, and ad blockers to block those ads.

graybeardhacker 5 hours ago||
I pay for the Ground News app. It's an aggregator that (somehow) gets me all the articles on a topic, shows me how factual each source is and which way they lean politically. It summarizes the articles so I can ignore the click-bate headline and know whether I want to read more.

I'm honestly not sure why this isn't the standard. It solved all my news problems and fills all my news needs.

I'm honestly not sure what these tiny news sites that have paywalls are thinking. The chances of me paying a monthly fee for news from a single source, let alone a tiny, local, single source, are less than zero.

freetime2 5 hours ago||
Does it give you access to the full content? Or just link through to the article (which may be behind a paywall)?

I would be willing to pay for content, but not for an aggregator.

mrguyorama 5 hours ago|||
Ground news is a YC alum isn't it?

It's almost certainly going to get enshittified eventually, but more than that, it purposely pushing a false "Left vs Right" narrative about news. That's part of the problem.

Also the way they summarize every story into just a few bullet points (which, if it isn't already written by AI, surely will be) IMO is actively downplaying important issues, in an attempt to defuse false energy in reporting of less important issues. Artificially downplaying serious stuff is as detrimental as artificially overplaying non-serious stuff.

The Google Pixel "news" feed has the same problem now that it does AI "summaries"

Like it's great that they aggregate a lot and show you articles from publications you wouldn't otherwise see, but I just cannot trust them in the future.

tinfoilhatter 5 hours ago||
> ... shows me how factual each source is and which way they lean politically.

Fact-checkers and whatever you call people that gauge political biases aren't impartial sources of information. Someone pays their bills and those people typically have agendas besides delivering objective truth.

I'm not suggesting that paying monthly fees or paywalls are a solution to the problem either.

The real solution is to stop reading the news IMO. Let these companies go out of business and get replaced by something better. If one must read the news, just use an aggregator and archive.is for bypassing paywalls.

jawns 5 hours ago||
No, no, no! Micropayments are not the way.

We already know the way. It's the cable/streaming model.

You pay for a single monthly subscription and get access to substantially all of the major news content.

What would need to happen for this to be possible? Cooperation between most of the major news outlets. Not cooperation in an anti-competitive sense, but willingness to participate in this sort of business model.

I'm a former news editor and left the industry because the business side couldn't figure out a viable business model.

I realize and feel deeply the loss we experience (especially at the local and state level) when quality journalism dies out, and I would love for the industry to recover.

But they're not going to do it unless they recognize that single-site subscriptions (or micropayment transactions) aren't going to cut it.

stetrain 5 hours ago||
Copying the cable model would favor big media companies over smaller, more local players.

A music-streaming style option, where the user's monthly payment is distributed in proportion to the articles they read, might be better. (Although not without it's own issues)

cogman10 5 hours ago||
I tend to agree, but the big problem is "who will operate this?".

The music model worked because a heavyweight like apple was able to come in and negotiate with a huge number of labels while simultaneously allowing access to unlabeled content. That expanded with Spotify, though they got there by effectively stealing the music for as long as possible until they were established.

I can't see how that'd work with news. Especially since so many of the news outlets exist and have been created to run propaganda for the owners. A decent number of them are effectively just funded by billionaires that want to push their agendas.

parpfish 5 hours ago|||
If you thought clickbait headlines were annoying when people were competing for ad impressions, just wait until they’re competing for micropayments.
eli 5 hours ago|||
I think this is even harder to make work than straightforward micropayments with crypto or paypal or similar.

Is it the same subscription fee no matter what publications I read or how many articles? (If it varies directly based on what I'm reading then I think it is just micropayments.)

Publications with healthy subscription revenue like WSJ or the Economist are not going to be interested in participating unless they get paid a lot of money and/or can be assured it somehow will not cannibalize their direct sales.

Who owns the customer relationship? Publishers have been burned pretty much 100% of the time they cede that direct relationship to someone else.

Also, it's been tried: see Scroll, Apple News, Flattr, Coil, Brave BAT...

cyberax 5 hours ago||
Scroll was successful. It provided more income than ads to participating companies. So it was hastily acquired and killed by Twitter.

Flattr required installing an extension (sorry, no), Brave is a whole separate browser, Coil was based around cryptocrap.

eli 3 hours ago||
I agree Scroll seemed very promising but I'm not sure how successful they were. Did they provide more income than ads from subscription fees? Meeting that goal while burning investors money is less impressive.

Scroll also used a browser extension by the way.

cyberax 2 hours ago||
They had basically no investor money.

> Did they provide more income than ads from subscription fees?

Yes. That's literally all they did. You paid for a subscription, and they distributed subscription fees among the sites that you visited.

In return, you got an ad-free browsing experience.

By the time they got killed, it was used on Ars Technica, TheDailyBeast, TheVerge and some other major news sites.

eithel 5 hours ago|||
Apple news is around with that model. Not sure how successful they are though.
nikole9696 5 hours ago||
Anecdata: I use Apple News+ for exactly this reason. I get many publications included, and some magazines, and over time it learns what stories I like and surfaces those more often.
rlue 5 hours ago|||
+1. I come online to discover new things because there's less friction online than anywhere else. What's more, digging through a mountain of content to find something that resonates with you is a form of work in its own right.

Micropayments are friction, and if you put friction on top of the work of discovery, I will do something else with my time.

hinkley 5 hours ago|||
We also have PBS as a model.
MattGrommes 2 hours ago|||
The problem we have is that there are a ton of sites all asking for $5+. With PBS people can choose to give once at whatever they're comfortable with and aren't dealing with an ever increasing number of $5 charges. Some guy's Medium blog probably isn't worth $5 just like I wouldn't pay $5 for any random show on PBS. But donating to PBS once makes me feel like I'm supporting Frontline, Ken Burns, lots of people I like.
jawns 5 hours ago|||
Until it gets defunded based on the whims of the administration :(
hinkley 5 hours ago||
That doesn't change the fact that it worked for fifty five years.
pier25 5 hours ago|||
What if you're not a major news outlet?

Also, how's the deal between the distributor and the news outlets? Do you get paid according to views or is it a flat fee?

closewith 5 hours ago|||
Centralised billing effectively makes serious journalism impossible. Omnibus subscription services will ruthlessly cut anything that affects the bottom line, and effective journalism is necessarily unpopular.
carlosjobim 5 hours ago||
Exactly! That's why Spotify doesn't allow any noisy music or music with curse words. The mainstream public would flee from the platform.
eli 5 hours ago||
I'd encourage you to ask a recording artist how they like the arrangement they have with Spotify.

But also, yeah, I do think the streaming financial incentives affect what music gets written and produced. Just not necessarily anything to do with cuss words.

carlosjobim 3 hours ago||
The artists are there because of their own free will. They voluntarily signed their contracts with the record labels. How are journalists and independent journalism doing in comparison?
carlosjobim 5 hours ago||
Oh, but don't you know? If our newspaper is on the same subscription as another newspaper which we don't like, then that means we agree with them in all their radical and dangerous opinions? No, no, no, people want to read only one newspaper, which tells them what to think and how to feel on every subject matter.

That's why streaming services also failed. Imagine Beatles and gangster rap and heavy metal being on the same music platform? Fans would never accept that!

yunohn 3 hours ago||
If one thinks about this problem deeply, and the current solution of showing ads, you may realize that micro transactions are already “implemented”. Ads are paid for by the advertiser as mille-impressions (or conversion, etc), which works way better than demanding money at that level - and they get it no matter what. This implicit payment works way better than making consumers think about it and start the debate of value and trust and so on that everyone are debating here.
tootie 4 hours ago||
Advertising in an SEO game. Get ranked in Google and take a few pennies from millions of drive-by users.

Subscriptions is a loyalty game. Convince users of your value and get them to commit to becoming a supporter for an extended period. Get them to install an app, accept breaking news alerts and lean on you as a trusted source.

Micropayments is neither. There's no obvious path to generate consistent micropayment revenue. Maybe for like long-form features, but not for daily newsrooms.

AuthAuth 3 hours ago|
Put out good content that people want to read and people will read it and pay you for it. Youtubers do fine with inconsistent revenue for each video. There is usually less risk writing an article than producing a video.
tootie 15 minutes ago||
They do a version of the SEO/ads game. They also are mostly just people talking. Journalism requires orders of magnitude more effort and resources.
cranberryturkey 4 hours ago||
[flagged]
deadbabe 4 hours ago||
If bots could be forced to pay per crawl somehow, it would subsidize nearly all legit user traffic.
m132 3 hours ago||
I used to find this and the whole idea of "Web3" ridiculous, but with the recent saturation of low-quality slop and disinformation, perhaps it's time to reconsider.

I enjoy reading thorough publications written by actual humans who have something to say. Part of why I'm here. And I'd take micropayments over subscriptions anytime.

There's just one catch nobody seems to be eager to talk about. While I'm willing to pay that 1¢, if it's 1¢ + any identifying information, I'm out.

renewiltord 5 hours ago|
You're going to put all the work into finding the news and doing the leg work. I'm going to make a site called NewsTheft.info that just says "YourNewsSite.com is reporting that <your content rewritten by an LLM>" and it's going to be free and people are going to use my thing. Then I'm going to shut it down when you all go bust. I am a rapacious eater of worlds. You can't stop me and the people love me because, since it's free, I can give them a better experience than you.

Information wants to be free.

theendisney 5 hours ago|
And with your added layer of review the product would be superior.

I can think of many marketing formulas that would definitely work but since the game is not legwork but propaganda the industry should just die.

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