Magazine article Editor & Publisher

MediaNews Group's Interactive Strategy: 'Multi-Prong Approach'

Magazine article Editor & Publisher

MediaNews Group's Interactive Strategy: 'Multi-Prong Approach'

Article excerpt

MediaNews Group is the latest company to re-think its interactive strategy -- one that includes what is surely to become the hot topic of the year, paid content. On Tuesday, a memo from the Denver-based company sketched out details of a meeting regarding, among other things, a pay model for its Web sites.

"It's going to be a multi-prong approach," Jody Lodovic, president of MediaNews Group told E&P today. "We have given the task force the overall strategic objectives and it's putting the meat on the bones at this point."

Lodovic said the company isn't expecting a windfall from charging for some online content; rather it's about providing a safe harbor for print. "The whole idea is to stop the erosion from print to online and encourage people to become print subscribers."

MediaNews plans to borrow the pricing strategy currently used by the cable industry by offering varied subscription packages. Explained Lodovic: "Say you are a Sunday-only subscriber, you can add on an electronic version and online components for a few bucks a year. If you don't want to be a print subscriber, we will still give you breaking news and abbreviated stories. We don't want to lose the traffic we have. We might look at micropayments or a registration model. If you pay one dollar a month you can avoid the micropayments. It's going to be a combination of all the above."

Lodovic points to the fact that MediaNews (and indeed the industry at large) needs to extend it audience. Lodovic confirmed that most of MediaNews' audience reads the print edition while going online too. …

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