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Wow. Just wow. You hipsters are really missing some key points.

1. The quote says "the average time it takes for a new magazine publication to get profitable is five to seven years." That's evidently for all new magazines, not just digital ones.

2. Both print and digital news have expenses, like skilled reporters traveling around interviewing people, doing investigative journalism.

I know you hipsters aren't used to understanding that quality things require money. You hipsters are used to your free things and low-quality bloggers who just regurgitate press releases. Wow. Just wow. You hipsters get everything free one way or another, don't you? Free news, free food, free clothes. It must be nice being a 99%-er.


IT should be noted that MOST publications make little to no profit, even if they don't crash and burn. Follow the money. Faux corp knows what it is buying.
 
I'm happy to hear things are positive for The Daily. I've really grown to like it. I consider myself very middle-of-the-road politically, and I think The Daily is fairly middle ground (YMMV). I also think the app has matured nicely over the past year. The user interface is really well done IMO. I'll be on board for year 2.
 
If or when The Daily breaks even it will be quite an achievement. It will be the model on which future publishing business is shaped. If it happens, that is.

I hope they make it. Newspapers are dying. Someone needs to crack the profitable-transition-to-digital-lock.
 
I don't even read AOL's Editions everyday, and that is free. There is something about committing to a 'magazine' when I am surfing the iPad. I am more apt to click on a few stories on iGoogle than flip through a sequential news app.

But most of all, there is no good business reason for the Daily to charge for subscriptions. All of their source content is freely available in other forms on the web and I'm not picky enough to care about the style in which the news is written. With so many free ways to get the same info, they should just make it free and serve ads. I bet if they did create a free/ad version, they'd surpass their paid subscriptions VERY quickly.
 
I don't even read AOL's Editions everyday, and that is free. There is something about committing to a 'magazine' when I am surfing the iPad. I am more apt to click on a few stories on iGoogle than flip through a sequential news app.

But most of all, there is no good business reason for the Daily to charge for subscriptions. All of their source content is freely available in other forms on the web and I'm not picky enough to care about the style in which the news is written. With so many free ways to get the same info, they should just make it free and serve ads. I bet if they did create a free/ad version, they'd surpass their paid subscriptions VERY quickly.

I do find it incredibly depressing that scores of people work full time, 8hrs + a day to bring you a publication and people find it not "worth" 99 cents for 7 days work. Yet people will buy a chocolate bar, a biscuit or some pseudo gaming money from Zynga for far more.

It's not a value judgement on anyone as an individual, more on a society that has completed destroyed the value of so many things that are actually difficult to make. Very sad state of affairs really.
 
Interesting indeed. I'm sure lower than their expected projections, but if they can make it profitable, good on them. I want to see them succeed.
 
Look at that hot mess

Big pictures all over the front page? Okay. Corn headlines written by a 12-year old chimpanzee. Boring stories. Yeah, Murdoch.
 
I'm a subscriber. I enjoy the format but really only read it about 25% of the time. News is somewhat lower on my priority list. Funny thing is, i used to buy it on demand i think and somehow i switched over to the reoccurring subscription and have not bothered to look at how i would cancel it.
 
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