Newspapers continue to struggle with ways to monetize their online content.
The internet almost killed papers years ago, as their classified ads sections, which had been goldmines, disappeared when free online sites like Craigslist siphoned away their small but lucrative ads.
As print newspaper readership dropped, many found it harder to maintain lucrative display ads. Retailers experimented with online ads, and many consumer product marketers had already migrated over to TV, with its mass audiences.
Early attempts to monetize their news content proved tricky and futile, since consumers, especially younger ones, were reluctant to pay for what they had been getting for free for so long.
Some papers are finding a solution, even if a partial one. The New York Times last month announced plans to begin charging a subscription fee for since of its newsletters, like those offering news and political analysis.
And now some papers that have cut back or even totally eliminated print editions are planning to revive them, online, as newsletters sent to opt-in paying subscribers. The Spokane Spokesman- Review, for example, will be bringing back the defunct evening paper, the Daily Chronicle, as a paid online newsletter. When that paper closed in 1992, its daily circ was less than 20,000, from a peak of 72,000 in the 60s.
With people now hungry for local news, digital subscriptions are up to 10,000 after less than 2 months.
There are similar stories in other cities. Many newspapers continue to struggle, but I'll take any good news I can get when it comes to the newspaper business.