Anyone who knows me knows I'm fascinated by business models. I love analyzing them and thinking up new ones that can be game changing.
Over the last few months I've been blown away by the number of articles written about evolving business models in many, many industries. I'm particularly interested in media and communications, and businesses in this industry are very focused on how they are going to make money in a changed and still changing world. The debate of the moment seems to be pushing people toward abandoning print and focusing exclusively on providing content online. But wait, some say, consumers aren't used to paying for online content, in fact they’ve shown some resistance to it, and advertising rates are lower online than in print media. Yes, that’s true, comes the response, but the cost of print is so daunting, and advertising revenue is falling in print, too. That may be, but what kind of content are we going to provide, once our audience is the *World Wide* Web. And so it goes, more opinions than workable solutions.
A recent look on the New York Times website shows the following articles:
And then there was this on CBS recently,
It's all gets pretty confusing pretty quickly.