People will pay for content — consider cable TV

College Football’s Most Dominant Player? It’s ESPN — NYTimes.com.

The New York Times looks today at the influence ESPN has in college football — scheduling and the inspiration of conference realignments.

But this story illustrates a wider point. People will pay for content. But do people think of that cable subscription as part of their entertainment budgets or their budgets for news and information? (As if we Americans follow budgets!)

Can journalists figure out how to encourage people to pay for news in the way they pay for cable tv premium channels? There’s a lot of money out there:

Today, nearly 100 million households pay about $5.54 a month for ESPN, regardless of whether the subscribers watch it or not, whether they realize it or not. This year, ESPN will take in more than $6 billion in subscriber fees. Today, nearly 100 million households pay about $5.54 a month for ESPN, regardless of whether the subscribers watch it or not, whether they realize it or not. This year, ESPN will take in more than $6 billion in subscriber fees.

That’s a lot of money. The story points out what goes on within college football to get some of that money. But I still think the wider questions remain: What will people pay for, and why?

 

Don’t let digital dissemination discussion blind you to how the culture of news gathering has changed

We know people read in various media. And we know journalists are in a bit of a panic about how to get paid to produce either short- or long-form pieces. New York Times Magazine editor Gerald Marzorati’s recent speech focuses on that and even tells the cost to produce a New York Times Magazine cover story ($40,000 and up). I was intrigued by the glimpse at marketing the stories (early release to get the bloggers going in order to drive traffic to both the online and print versions). And while we hear so much emphasis on how online dissemination changes things, Marzorati describes also how the culture of news gathering has changed. Access to public figures is managed and tight. So writers now give us “ordinary people” stories, and stories of health and science. When we focus only on digital transmission, we forget that we operate in a culture that also helps form the news agenda. As editors, we must weigh our total environment. You’ll find the entire speech worth reading. I did.