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kleinbl00  ·  3771 days ago  ·  link  ·    ·  parent  ·  post: Clay Shirky: Last Call - The End of the Printed Newspaper

I don't see why "micro-transactions" are necessary when simply paying a decent outfit $2 or $3 a month would do the job. NSFWCorp had it figured out: you pay them $3 a month and you get 5 "unlocks" to share with others for 48 hours. You want access to the archives or something else? You pay $3 and you have access for a month.

I think NSFWCorp had 2 problems:

1) They were too snarky by half. They weren't so much interested in journalism as they were in pissing on people they didn't like.

2) They didn't have enough cash to get over the hump. If they had 24 months of reserves, rather than 2, they'd probably have figured it out by now.