With property prices soaring in Sydney and Melbourne, two private equity firms are seeking a piece of the action with bids to buy Fairfax Media, and its Domain website.
The Times of London is expanding its Irish edition from digital into print, a move that bucks against a continued trend of declining daily print sales in the country and elsewhere. The Times launched its digital-only Ireland edition in September 2015 (after a failed legal challenge from the Irish Times to block News UK from using the name “The Times Irish Edition”). It has a substantial newsroom of around 30 reporters. Its new print edition will replace the international print version of The Times that’s currently available there; readers can pick up the first print copies June 3. News Ireland has not disclosed pricing for the print edition; the current digital edition costs new subscribers €1 for a 30-day trial, and then €5 a week thereafter. “We have built a loyal digital audience for the Ireland edition of The Times and we are now delighted to expand what we offer Continue reading "The Times (of London) is expanding from digital to print (in Ireland)"
Scribd’s $8.99/month subscription service started out with only ebooks. Over time, it’s expanded to audiobooks, sheet music, documents, magazines — and, as of Tuesday, newspapers. “Select articles” from The New York Times, The Wall Street Journal, and The Guardian, as well as some archival content from the Financial Times, will now be available to Scribd subscribers. And Scribd says there are quite a lot of subscribers: The service now has over half a million paying subscribers, paying $8.99 a month, and the company is profitable. I was so surprised by the subscriber number that I asked CEO Trip Adler to repeat himself; it’s true, he said: “We have a $50 million revenue run rate.” The San Francisco–based company now has more than 110 employees. Newspaper content was a “natural addition” for Scribd, Adler said. The most popular forms of the content on the service are, in order, Continue reading "Scribd says it has over 500,000 subscribers paying $8.99/month for ebooks, audiobooks, and now news"
As with Watergate, the paper’s scoops about the administration are helping shape the national conversation. They are also driving its digital success.
“A lot of people in the market are talking about paywalls or free traffic very much from an angle from what is right and what is wrong. Sometimes people think there is only one strategy: theirs,” Christian Röpke, the CEO of German newsweekly Die Zeit’s online presence Zeit Online, recently told my colleague Joseph Lichterman. As Zeit Online tries to attract a younger audience that might ultimately pay for its product, it’s trying a number of different strategies, from live events to new types of editorial content. Die Zeit just launched a new metered paywall in March, and it certainly isn’t alone: Though their strategies vary, European publishers are moving away from offering all of their content online for free, according to a factsheet released Wednesday by the Reuters Institute for the Study of Journalism. The factsheet looks at the different kinds of paid content (freemium, metered paywalls, hard paywalls)
Continue reading "More European newspapers are charging for content online (but there are differences by country)"