EyeBrock EyeBrock:
I just deleted the Globe and Mail from my bookmarks. I guess the Star will be next. Too much free stuff on the net to pay for either newspaper. If they can't make money froms ads they will just go out of business. Their day is done.
These dinosaurs write the news but apparently haven't heard the news; it's the Information Age, for Christ's sake. It's a perfectly competitive market and the price of information has been set by the market at $0. The newspapers can continue to concoct desperate schemes to try and extract fees from consumers, but once the market has valued their product at $0, there's not a hell of a lot they can do about it. They need to find other ways to generate revenue if they want to stay in business because technology and the freemarket has stripped away any competitive advantage that existed before the internet.
Newspapers are in exactly the same boat as the recording industry. Their product, thanks to technology, no longer has market value and there's nothing they can do to get Jack back in the box.