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Posts Tagged ‘Vin Crosbie’

Digital business model - but who profits? Monday, November 17th, 2008

Vin Crosbie from ClickZ writes that media and digital publishers have been ignoring the obvious  business model for online publishing all these years - aggregating all content and allowing users to choose what they want to read/view. Think iGoogle, on a wider scale.

Traditional publishers toyed around with this concept years ago, but as Crosbie points out they never picked it up and ran with it because it would mean collaborating with their competitors (I wrote about this a couple of weeks ago in a post that was inspired by another piece Crosbie wrote).  He calls it “not mass media, but individuated media on a mass scale.”

I understand what he’s getting at, but, frustratingly, he doesn’t go into details about how people actually make money out of this approach. One reason traditional media companies didn’t go down this route is that they correctly realised that if they just shift their traditional advertising models to the web in a format that shares profits with all the players, none of the players is going to make anywhere near the same revenue as they used to. To me, that’s where the digital business model is still missing - what do you make money out of besides banner ads?