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Thank you for visiting Market Revolution's blog.

We live and work in exciting times - revolutionary times. Technology continues to recast the media industry.

The extraordinary advance of affordable personal digital technology and the stellar rise of social networks are both distrupting and transforming the media market making this a unique moment to be involved in the convergence sectors we focus on.

This is also our place to ruminate and comment on the world as we see it, we hope you enjoy and please join in.





Wednesday 3 December 2008

Piers Morgan's view of the future of newspapers

Piers Morgan, former editor of the News of the World and the Daily Mirror, and now a successful TV-personality said to the British Journalism Review that all newspaper should go free in the future.

“I think within 10 years every Fleet Street paper will be free” Morgan added. (Press Gazette).


Well, Piers certainly knows his newspapers and his opinion should be listened to.

That said free isnt a catch all/ 'get out of jail' card for all. The model has its place for sure but newspapers need to crack digital above all else.

We do see a model somewhere down the line where frees could simply be marketing for digital versions. In this scenario the commercial model is part advertising but mostly audience explotiation (commercial explitation that is!). All the marketers would surely say that this is a very expensive marketing channel. Indeed it is, but nothing works harder for keeping your audience together and engaged than being able to touch and feel your product every day.

That said surely where we are going (and fast) is towards an electronic version of the printed paper or epaper as its called. Readers get the all important portability of todays printed paper with all the 'always on' advantages of digital. can this piece of kit be free. Yes it can for subscribers. Not it cant for casuals.

The future of newspapers is a fascinating debate; one that will run and run



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