Chris Anderson is at least practising what he preaches as his new book,the future of the radical price is avialble to download and read for free.
What's more you can also embed it on your own blog as I have done HERE
FREE (full book) by Chris Anderson
Showing posts with label chris anderson. Show all posts
Showing posts with label chris anderson. Show all posts
Wednesday, July 08, 2009
Wednesday, May 06, 2009
Morals of competition in newspapers
Chris Anderson looks at a free newspaper model that didn't quite work over at his Long Tail blog
He tells the story of
which was launched in October 2006.
The paper targeted three revenue streams in Denmark,the traditional one funded by advertisng revenue,the second being distribution of printed advertisement catalogues and brochures alongside the distribution of the paper itself.
The third was to act as a news wire to other Danish news outlets.
What happened is that the competition decided to fight back and the market was flooded with free newspapers,forcing the price of advertising down.
He tells the story of
“Nyhedsavisen”, a new Danish daily newspaper hit the streets. The newspaper would feature an editorial mix prioritizing both prize-winning critical journalism and stories close to the everyday life of ordinary Danes.
The pricing of Nyhedsavisen was simple: it was free. And, as something entirely new: it was going to be delivered to the homes of all Danes – at no cost. Not only the newspaper itself was free, delivery was free as well. It was in effect “double-free”.
which was launched in October 2006.
The paper targeted three revenue streams in Denmark,the traditional one funded by advertisng revenue,the second being distribution of printed advertisement catalogues and brochures alongside the distribution of the paper itself.
The third was to act as a news wire to other Danish news outlets.
What happened is that the competition decided to fight back and the market was flooded with free newspapers,forcing the price of advertising down.
This free newspaper war went on for over two years and caused the entire industry to bleed. On top generally declining circulation for all (paid) printed newspapers the cost of producing and distribution additional free newspapers added significant losses to the financial results.
Labels:
business models,
chris anderson,
free papers,
news models
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