People on the web – like Reuters, Wall Street, etc. – who intend to charge for reading, good for them that they remain overwhelmingly wishful: they think they are too good & better than others, so people have to pay for reading on their website.
Only there delirium will make them feel good for a little while, then they have to gird up their loins to face the reality: readers will read somewhere else. Or they have to learn from people like NY Times and stop whining & CNN.
Sounds interesting enough.. Perhaps what many of the major businesses are lacking in their business models is the importance of advertising. The key to a profitable business is reaching a broad markets (If you think in pennies, you'll get pennies).
Diversification is key to growth, but at what cost.
Quest Means Business airs Monday to Friday, 1600 New York and 2100 London, and is hosted by Richard Quest.