Hell, bump it up to $2.50/yr for those 15 articles/yr, same price as a single physical edition. GP would probably still be ok with that, and that doesn't seem unreasonable.
I'm not sure what magazines you were buying in the 90s for $6-$8 each, but they were certainly on the high end and not representative of your average newspaper, which were on the order of 35-50¢ at the time. Full-color glossy mags cost a lot more to produce than a newspaper, so I'm sure that's part of it.
This seems to cover most stuff where the transaction value in question is low, e.g. newspapers, single songs, and so on. The UX seems to be inadequate. I'm not privy how my buddy's company is trying to address this, but I guess it is hard to beat a news stand where I drop a few coins and get a newspaper and chewing gum.
> And it is rare that a publisher will know what is good before it is released.
I doubt it. If a reporter finds a good scoop, then it will move above the fold on front page or section header or become long form piece.The economics of journalism are constantly misunderstood here. People want thoughtful, insightful, investigative stories of the non-obvious (or so they say) but also do not want to pay for the dead ends that a reporter has to find to get there.
Journalism is more like hard-tech research than SaaS. You don't necessarily know what you're getting into when you start reporting, and getting something of value can take an incredibly long time. The actual writing of an article or shooting of a video is the last part of a long process.
Unlike hard-tech, the result often has a very short shelf-life. It's not going to continuously earn payouts for the reporters/news outlet for more than a couple of weeks (at best) after publication.
Beyond that, others (Blendle, post.news, etc) have tried micropayments and they don't work -- people don't actually want them.
[0]I know it’s not paywall currently but I don’t know how long they will go on like that.
https://www.niemanlab.org/2022/11/post-the-latest-twitter-al...
They've since pivoted because they couldn't make it work.
Now try that with e-zines that are full of DRM
Mostly requiring subsidy by billionaires wanting to popularise their weird political views?
You want access to multiple large reporting agencies work but want to pay less than a fraction of the non-adjusted 1990s prices. Your better solution has zero way to work financially. Imagine saying 'why do I have to pay for a whole buffet, I only pick from 5-10 of the buffet dishes that I pick and choose as I walk down the line, I don't take something from all of them. I should pay like fifty cents.'