Steve Smith at minonline has a nice post with five interesting examples of magazines that have developed new approaches to online paid content. With one exception (PC magazine’s digital edition – more on that in a minute), they get past the idea that magazines’ online premium products have to be online “editions” of the magazine. Instead, they’re mostly new product concepts entirely.
Will they succeed? They have a better chance than just putting the stories from a print product behind a pay wall. Useful premium databases, “membership”-oriented services and communities, alerting tools, and bundles of online and offline content have higher odds of generating significant online revenue.
I do have to grouse that I ended up with a paid subscription to one of these products, PC magazine’s online edition, and I hated the thing. I used to like the now-dead print PC magazine, but it seems pointless to replicate print so slavishly, using the clumsy Zinio reader with its associated password/account frustrations and endless zooming in and zooming out to read something. I’ve always been a nay-sayer on “digital editions” of print, but people still keep trying this. Zinio must have great salespeople, because publishers are paying them good money to create these resuscitated corpses of print products. I just don’t get the appeal. If you know of anyone making real money with this, I’d love to hear about it.

1 response so far ↓
Marcus // July 13, 2009 at 12:26 pm |
Hi Thomas,
This article from FOLIO includes publishers making money off digital magazines: http://tinyurl.com/lvcfhh
Josh Gordon has also launched a study to see exactly how well publishers are doing: http://tinyurl.com/m64ygt
Disclaimer: I work for Nxtbook. We’re a sponsor of the study.
Thanks,
Marcus