Interesting piece from The New York Times by David Carr on Sunday about some options for a business model for the printed word.
He starts with some speculation about an iTunes model for news. If people will pay for songs, why not news? Well, maybe because everyone is giving it away?
Carr ends with another bite of the Apple suggesting that a new large-format iPod could be a tool for displaying newspaper content.
Among Carr’s cheerful news:
“For a long time, newspapers assumed that as their print advertising declined, it would be intersected by a surging line of online advertising revenue. But that revenue is no longer growing at many newspaper sites, so if the lines cross, it will be because the print revenue is saying hello on its way to the basement.
“As a report by Craig Moffett of Bernstein Research stated last year, ‘The notion that the enormous cost of real news-gathering might be supported by the ad load of display advertising down the side of the page, or by the revenue share from having a Google search box in the corner of the page, or even by a 15-second teaser from Geico prior to a news clip, is idiotic on its face.’”