Comments on: Nano portal to set price with Dutch Auction http://www.foresight.org/nanodot/?p=2086 examining transformative technology Wed, 03 Apr 2013 18:23:47 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: Christine Peterson http://www.foresight.org/nanodot/?p=2086#comment-7201 Christine Peterson Thu, 10 Nov 2005 01:36:19 +0000 http://www.foresight.org/nanodot/?p=2086#comment-7201 Yes, that's why I said that a transparent auction would be a gutsy thing to do... --Christine Yes, that’s why I said that a transparent auction would be a gutsy thing to do…

–Christine

]]> By: Howard Lovy http://www.foresight.org/nanodot/?p=2086#comment-7200 Howard Lovy Wed, 09 Nov 2005 02:09:51 +0000 http://www.foresight.org/nanodot/?p=2086#comment-7200 I like the idea of gathering these disparate nano portals under one tent. But Darrell is going to have a hard time making a paid subscription news content site work. The news industry has spent a decade trying to figure out how to do that profitably. The consensus is that it cannot. The sole exception is the Wall Street Journal. Salon.com tried it and failed, along with many others. Consumers of news expect content to be free. So, that's the de facto rule in the news business. Revenue comes with premium features and advertisement -- and then a lot of prayer that you'll be swallowed up by a large media entity or a rich benefactor before you go belly up. Welcome to the news biz, Darrell! Howard Lovy I like the idea of gathering these disparate nano portals under one tent. But Darrell is going to have a hard time making a paid subscription news content site work. The news industry has spent a decade trying to figure out how to do that profitably. The consensus is that it cannot. The sole exception is the Wall Street Journal. Salon.com tried it and failed, along with many others. Consumers of news expect content to be free. So, that’s the de facto rule in the news business. Revenue comes with premium features and advertisement — and then a lot of prayer that you’ll be swallowed up by a large media entity or a rich benefactor before you go belly up. Welcome to the news biz, Darrell!

Howard Lovy

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