Wednesday, May 19, 2010

Info-Subscription Model

I believe info-subscription models will anger many information consumers as opposed to free, ad-support models. Yet, ultimately freemiums will segment readers by interest and further pay for the cost of more relevant information. The information industry will have to make the content on freemiums competitive and attractive to lure readers to purchase the subscription.

Information like software and products undergo cost of production which often is undermined. By applying the info-subscription model, the information industry will assure a certain amount of income that could support their institution as well as encourage and support well documented journalism, as opposed to just relaying on ad payments.

I don’t exactly agree with the fact that only the rich will have access to information. People pay for what they consume or what they are interested in. Everyone will ultimately have the information on the freemiums which will offer free news and often the “better” news in order to incite costumers. Those who are truly interested in certain information could then pay for the subscription they are interested in.

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