iPad App to Capitalize on Newspaper Subscription Deficit
Tuesday, September 21, 2010
Can you think of the last time you actually opened up a newspaper to gather your daily information?
I remember in Junior High School having to read the newspaper for a class, and found it pretty boring. Not enough color. Less than adequate visual and pictorial stimulation. Dry news to a 13-year-old.
It's no secret that young adults, and even some middle aged adults, also find the newspaper to be deficient and obsolete as a method for gathering news about the world.
So what are people doing about it?
The larger newspapers around the country are realizing that subsidizing their output into online-only distribution methods may in fact be the best way of sustaining themselves. Why? Because the vast majority of the general public finds news online and sees no need to buy a physical newspaper. Why? Because who wants to wait for days when you can access to top stories of the day in seconds?
With the introduction of the iPad in the last year, Apple has found another way to bring the world wide web to your finger tips. Functioning just like a bigger version of its sister products, the iPod touch and iPhone, the iPad allows for mobile creativity and networking like never before.
So how does the iPad have anything to do with the news?
For corporate or tech-savy people who like to be informed (or those who genuinely enjoy the news), Apple and the iPad are strategizing ways to overcome the newspaper subscription deficit by bringing news apps right to you. There are already apps out there for msnbc.com, The New York Times, The Wall Street Journal, and other new related sources for the iPhone and iPod touch. But what the iPad is rumored of intending to do, is let the newspapers themselves in on the deal.
Right now this is pure speculation, but the potential of putting this idea into the works could have a lot of positives.
Apple has already allowed for users to share their personal data/demographic information in functioning with certain apps, which can be very useful for publications looking to lure advertisers and customers. If newspapers and advertisers have a more select target market (i.e. iPad users) they may in fact be able to save face...and possibly gain some new customers in the process.
Problems with this idea would be that Apple could potentially take a hit from potential sales. According to Roger Fidler, digital publishing chief at the Donald W. Reynolds Journalism Institute, Apple could lose out on 30% of the subscriptions sold through the App Store, and another 40% on advertising from publishers' apps.
"Newspapers are wary of Apple becoming a middle-man," Fidler said. Publications preferred to offer the app as part of a subscription to their papers’ print versions. “Instead, they must use Apple as an intermediary with subscribers."
There are obviously a lot more kinks to work out with this proposed idea:
-Who is going to benefit more from this 'partnership'?
-Will this only fuel the monopoly that is Apple?
-Can Apple find a way to satisfy its audience while doing a the civic duty of saving the newspaper subscription plunge?
If there is something that can be taken away here, it's that people and places are recognizing the decline in print media and want to take steps to aid and adapt to the technological changes that accompany it.
1 comments:
I still can't get over how some day there will be no more newspapers. Reading a hard copy is what so many people are used to. However, upcoming generations are becoming more customed to everything being on technology. So maybe everyone wiill be used to it? Who knows what the future brings. I know I would love to own an I pad but I would probably not get the newspaper on it. Also, same for books they will soon all be on things like the kindle an I-pad. I wonder what our kids college experience will be like!
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