"Instead of willy-nilly changing up the whole system just because it collapsed, we have to work with what we've got."
We've got to work with what we've got? I've got a hole in Latvia, 3 meters deep to sell you.
Agree on the two steps though... tear it all down, and then build it fresh. The entire fucking planet is a virus infected hard drive that needs to be reformatted and installed fresh with either Mac OS or some tree-hugging version of Unix. #trendwatch
This math doesn't make sense to me. Here's how I read it:
First 1/4: Interested enough about the paper to read a story about its inner workings.
Second 1/4: Of those, interested enough in the issue to comment on it.
1/3: Of those, number of those commenters who are willing to pay.
It seems to me the number you solved for should simply tell me the exact number of people who commented on this story to support payment, assuming these proportions are correct (obviously the are not but that's beside the point). This does nothing to estimate more broadly how many of the 15 million would be willing to pay. In fact, just because 1/3 stated outright that they would be willing to pay does not necessarily mean that the other 2/3 are UNwilling to pay. Also, I don't think that not reading a story on the inner workings of the paper OR not commenting on it disqualifies a person as a possible future payer.
To me, it seems reasonable to guess that at least 10% of those 15 million would pay the subscription, and 1.5 million paying customers would help a lot more than just over 300k.
Or am I missing something? Please, someone, correct me if I am misunderstanding this. #newyorktimes
@MadamePsychosis: Essentially here I'm trying to figure out: Is this outpouring of commenter support really a sign of a revenue source the NYT can depend on as something viable and useful? And I say, no. You're right that there could be more people willing to pay, who are some silent minority. I'm taking a crack at guessing what percentage of all those online visitors would seriously pay. Even if the percentage is larger, factoring in the unspoken people you say, my guess is it's not a big enough revenue source to depend on as something truly important. And to the more specific question here of what the sudden outpouring of commenter support meant, I'm saying: It didn't really mean much. #newyorktimes
@Hamilton Nolan: Thanks for the response. I agree that Mediaite is overreacting to the "outpouring" of commenter support and that they shouldn’t use it conclude that putting up a pay wall is viable. However, I personally wouldn’t rule out a pay wall as a realistic option. On top of the individuals that would subscribe (and obviously my guess there is larger than yours, but who knows), I also bet most universities would work out deals to get their students access like they currently do with Lexis Nexis and JSTOR, widening the "paying subscriber" list to include a lot of tuition-paying students who are currently outside the 15 million monthly readers. So, you know, maybe they're not doomed. Maybe. #newyorktimes
I'd rather sell the midtown building, move to Newark, NJ to lower the overhead, and re-brand a little bit. Few people would notice the difference. #newyorktimes
I love looking up recipes online and I enjoy reading the comments of how other people altered the recipe to make it work. Usually, if three or four people mention adding basil or cream etc. I will believe their "expertise." I like the everyman appeal of the internets, especially when it comes to something like the domestic arts of cooking or craft. I never follow a recipe to the exact amounts anyway and only read them for ideas. But Gourmet did have pretty pictures...
@MessiahsHandle: I've made a couple of recipes from Saveur that were disasters (whereas the ones from Gourmet and Bon App have always been good). You can keep Saveur.
@meerkat: For me its about the pictorials and the graphic design. Smiling monks from Thailand in glorious saffron robes, lace hat adorned woman in Brittany making kouign amann, sheep frolicking contently in New Zealand pastures. It's like food and travel porn combined into one well endowed package. As far as spot on recipes I think that the prize has to go to Cooks Illustrated...
I think he makes a valid point about opinions, though. This world (the internet, if you will) is full of too many opinions - such as this one - which blur the line between experienced ideas and casual "two cents".
That being said, I do agree that the blood of Gourmet won't be found on any tweets, but rather a huge conglomerate publishing company incapable of changing their business model... even though, without any change, they face imminent death.
11/17/09
[Edited for boredom]
10/26/09
[www.washingtonpost.com]
Who wants a piece of that? #trendwatch
10/26/09
10/26/09
We've got to work with what we've got? I've got a hole in Latvia, 3 meters deep to sell you.
Agree on the two steps though... tear it all down, and then build it fresh. The entire fucking planet is a virus infected hard drive that needs to be reformatted and installed fresh with either Mac OS or some tree-hugging version of Unix. #trendwatch
10/26/09
10/26/09
No shortage of those. #trendwatch
10/26/09
10/26/09
10/26/09
10/26/09
10/26/09
10/26/09
They'll have them for you when you show up for the WPA orientation. #trendwatch
10/21/09
First 1/4: Interested enough about the paper to read a story about its inner workings.
Second 1/4: Of those, interested enough in the issue to comment on it.
1/3: Of those, number of those commenters who are willing to pay.
It seems to me the number you solved for should simply tell me the exact number of people who commented on this story to support payment, assuming these proportions are correct (obviously the are not but that's beside the point). This does nothing to estimate more broadly how many of the 15 million would be willing to pay. In fact, just because 1/3 stated outright that they would be willing to pay does not necessarily mean that the other 2/3 are UNwilling to pay. Also, I don't think that not reading a story on the inner workings of the paper OR not commenting on it disqualifies a person as a possible future payer.
To me, it seems reasonable to guess that at least 10% of those 15 million would pay the subscription, and 1.5 million paying customers would help a lot more than just over 300k.
Or am I missing something? Please, someone, correct me if I am misunderstanding this. #newyorktimes
10/21/09
10/21/09
10/21/09
10/21/09
I'd rather sell the midtown building, move to Newark, NJ to lower the overhead, and re-brand a little bit. Few people would notice the difference. #newyorktimes
10/21/09
10/21/09
10/21/09
Clever visual. #newyorktimes
10/08/09
10/08/09
10/08/09
10/08/09
10/08/09
10/08/09
That being said, I do agree that the blood of Gourmet won't be found on any tweets, but rather a huge conglomerate publishing company incapable of changing their business model... even though, without any change, they face imminent death.
10/08/09