Most of the discussion about the future of print publishing and paid content centers on the content, which makes sense, but the content hasn’t really changed that much (despite the emergence of some new forms) — nor do I think the value of content has changed in the minds of content consumers, e.g. people who value journalism still value it — their numbers haven’t diminished as so many fear.
What’s changed radically is the value of DISTRIBUTION.
The whole thing's a good read, including the wonderful example of Fray, a literary quarterly that's returned to print.
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