- Time removed its paywall in June 2023, resulting in a rise in advertising revenue but a loss of digital subscribers, with traffic remaining relatively flat.
- The decision was influenced by broader industry trends and the publisher’s focus on working with advertisers and leveraging its brand equity in other ventures.
- Time aims to achieve profitability by expanding its direct advertising and sponsorship business, growing its global events slate, and exploring new ventures like connected television.
What's Happened Since Time Dropped Its Paywall 1 Year Ago
Submitted 4 months ago by AnActOfCreation@programming.dev to technology@lemmy.world
https://www.adweek.com/media/time-paywall-dropped-one-year/
ghostface@lemmy.world 4 months ago
Why haven’t publication embraced crypto donations like BAT?
I feel much better about sending tokens ive earned by selling my attention, and then sending those earnings to publications which garner my attention.
Is media just too old to adapt?
stonerboner@lemmynsfw.com 4 months ago
Probably because the overwhelming majority of people see crypto as a scam, and the market share for its use is trivial and better facilitated by actual currency. As well, it’s extremely volatile and recently halted itself. It’s probably one of the worst things a company can accept in exchange for goods or services.
XeroxCool@lemmy.world 4 months ago
Do you know what halving means? It’s not a stock split and it’s not a value halving.
ghostface@lemmy.world 4 months ago
The old perception is reality, while your not wrong, still means decent institutions are losing out on funding options.
Credit cards were seen as a scam at one point because scary digital currency. Same with torrent protocol. To be honest I’m suprised lemmy doesn’t accept it for server donations.
So its either stay with the current model which is visibly dying or find another way
null@slrpnk.net 4 months ago
Why mention something you don’t understand at all?
conciselyverbose@sh.itjust.works 4 months ago
Because everything about Brave is fucking nonsense and doing business with them in any way is deranged.
SaltySalamander@fedia.io 4 months ago
Reeeeeeeeeeeeeeeeee
Snapz@lemmy.world 4 months ago
Why won’t you do my obvious scam? are you an old?
spongebue@lemmy.world 4 months ago
Why would it have to be a crypto donation? Their bank accounts are in USD. Most of their readers have USD. People can transfer USD. What does some arbitrary crypto thing you want to pretend is money add that makes it better for those “most people”?
anarchyrabbit@lemmy.world 4 months ago
Yes all over the world people can send USD but the banks take a big cut.
CosmicTurtle0@lemmy.dbzer0.com 4 months ago
The problem is that Time and every other news outlet think they are the cats pajamas and deserve your subscription. They suffer a similar problem to streaming platforms except news is not exclusive.
If these companies could organize and build a “pay once, get access to everything everywhere” model, they would see subscriptions go through the roof and get more money. But since the owners of these news outlets want only their own subscribers to go up, it’s never going to happen.
I’m not going to pay for 5-10 news subscriptions no matter how great the reporting is.
But I’d be willing to pay $20 or so a month if that meant I can access any article on any news website.
WalnutLum@lemmy.ml 4 months ago
> pay once, get access to everything everywhere > thinks about Elsevier
OH GOD PLEASE NO
treadful@lemmy.zip 4 months ago
BAT is trash but I’d love to see more quick crypto donation options.
helenslunch@feddit.nl 4 months ago
Problem is the first thing I think of anytime I see a new crypto is that it’s probably some sort of scam and completely blow it off.
ghostface@lemmy.world 4 months ago
I’m not trying to to die on the sword of bat, but for end users being able to just easily transfer or donate without having to know crypto…
Peffse@lemmy.world 4 months ago
maybe it is tax reasons? I know that for personal taxes you have to simply declare crypto earnings but business tax laws don’t really like grey areas.
SaltySalamander@fedia.io 4 months ago
The tax man doesn't care if your business takes cash, card, or crypto. Income is income, whether you're a business or a regular joe.