Around five years ago, the NBR started charging for its online subscriptions, with its corporate IP subscription offer arriving on the scene around a year ago. Publisher Todd Scott says it’s now bringing in $1 million in digital subs revenue and it will be hoping for more after launching its redesigned website and a mobile-only offer over the weekend and also announcing plans to establish an NBR radio service.
Browsing: Chris Keall
News of three senior defections at Fairfax in Australia surfaced yesterday, following on from last week’s news that it planned to cut 1,900 jobs—or around 20 percent of its staff—as part of a restructure aimed at facing up to the challenges of digital publishing. News Ltd is also set to cull staff, although it has said the number is “significantly less” than Fairfax (its own press appears to be looking on the bright side of that decision). And while New Zealand’s newspaper biz is still doing it tough at the moment, Fairfax NZ chief executive Allen Williams told the NBR it was a “case of two different markets, in two different timeframes”, so going tabloid and putting up paywalls wasn’t on the agenda–yet. Add in the Leveson enquiry in the UK and it’s tough out there in media land, so it was interesting to see the results of the 5th annual Oriella Digital Journalism Study, which showed the world’s media were cautiously upbeat despite continued uncertainty in the global economy and “digital technologies have affected the practice of journalism less markedly in New Zealand” than elsewhere.
The National Business Review is shaking up its online subscription model by offering individual companies and all their staff a flat-rate fee of of $249+GST per quarter to gain access to its online content.
It’s a novel way to do business. The National Business Review is launching a new performance-related freelance contributors system for its online news service. Last month we reported the authority had some positions vacant. Today it has announced a new freelance scheme, which is ‘as well as’ not ‘instead of’ replacing those staff. The service will link the value of each story to its popularity on the site.