this post was submitted on 28 Nov 2023
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Imma play Devil's advocate here...
People don't want to share their data for companies to profit off of, that's fair enough. They also don't want to see ads on the web so they block them... And they don't want to pay for web content with paid subscription... Now, I only see one other way for news websites to monetize their business at this point and it's to have rich people financing them in exchange for delivering the content they choose and I personally don't feel too good about that either!
It's not that they don't want to pay for a subscription.
People don't want to pay for 1000 subscriptions. That's the problem. Every company wants their hands on passive income because that's the new standard for their investors.
The market showed via the old Netflix model that people are willing to pay so long as they have everything they want. When fragmentation or vendor locking happens, you get more piracy and more people installing AdBlock, which hurts everyone. Companies started this. Not users. If they banded together and made a platform where people could pay once and then content providers would get paid per click, this would all be over.
But this will never happen because it's anti-investor.
The problem is that they already do that. They get the rich people to pay them to push an agenda, then they lock everything behind a paywall, then they advertise the fuck out of everything. You have to pay with your time and money to be advertised to on a biased service.
If I could pay a subscription and not have them collect and sell my data and advertise in every 3rd square inch of the site, I would. But that isn’t happening when they know they can make more money by taking advantage of the customer.
That’s why I’m here… but this is as much of an echo chamber as any other social media site.
But independent medias do exist and all of them are struggling to be viable so people aren't paying...
mostly people don't use adblocks you know?, youtube was 30%, with 70% of ad revenue is totally possible
I wonder how their profits are split up between ads, selling people's info and paying customers 🤔