The Devaluation of Information

Here is the latest in my series of essays, TV News in a Postmodern World. This is the first time I’ve seriously examined the complex issue of paid versus free content for online news publishers, and it will likely not be the last. After all, we ARE in business to make money.

The first question I’m often asked in discussing these matters with broadcast executives is, “Where’s the money?” Unless there’s an immediate payoff, many television people are simply unwilling to talk further, and it’s a difficult position to argue against. My point is always that the money is there — it’s just that we can’t always see it with old eyes and old ways of doing business. Moreover, the Web is still a new phenomenon, and we’re all still figuring out how it works.

What we must always remember is that the architecture of the Web is without command and control functionality. It’s what makes it such a wonder, but it’s also what causes status quo business methods to sometimes fail. Here’s the essay:

The Devaluation of Information

NOTE: My last essay, Searching for the Bottom, brought the response once again that I’m withholding solutions to the problems and issues I raise, and that a simple example would help the discussion. I can’t argue with that, but remember that I, too, am in business to make money.

And so it goes…

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