Video: Consumers will Pay for "Indispensible" Online Content, TIME.com Managing Editor

While the monetization models for online news are emerging, there will an upside for  highly valued, niche content, says Josh Tyrangiel, Managing editor of TIME.com

Subscribers will pay for "indispensable" information, he says.

The paid model for news content is emerging on many front, notably in the U.K. with developments at the Financial Times and the News Corp papers.  Robert Andrews, a paidContent staffer in the U.K., explores this topic in a story published in Monday's Guardian newspaper.

Here is the take on subscription models for news from David Carr in Monday's New York Times.

This is the first part of three interviews with Josh, who is also Deputy Managing Editor of Time magazine.

Andy Plesser, Managing Editor

This post was originally published on Beet.TV.

Follow Andy Plesser on Twitter: www.twitter.com/Beet_TV

Comments

[tompoe]

Americans need information to engage in the process of democracy in civil society. Time has decided information is a commodity found in a free market society. A miserably failed free market society. The shareholders must be delighted with this strategy. Say goodbye to Time and their shareholders.

[modwiz]

These guys are out of touch. I get Time magazine delivered to me and it is a waste of trees. Corporate news is just too safe and irrelevant to the real world the average citizen experiences these days. Time and the the other MSM have no indispensable stories. If you are one of those who can drive by a car wreck on a busy highway without slowing down to look at the horror, (I can, a quick look is enough) then there is little in the infotainment news that is indispensable. This is another non starter for a dying business more worried about its' corporate brethren who regards its' consumers as chumps who will gobble up any crap that is presented with some dramatic headline.