Is there anything that indicates that customers want micropayments?
Music and video streaming services are syndicating content from millions of creators into single subscription services. Why is it so impossible to make mega conglomerates for textual content? Why is nobody doing this?
Right now, creators are forced to make YouTube videos, because that's their most viable path to getting paid for their work. Why does it have to be this way, when a lot of what they do would be better as text instead of as a talking head?
I guess the truth is that the large subscription 'streaming' services (Spotify, YouTube, Netflix, etc.) are effectively micropayment systems, just not quite as transparent and/or direct as the concept I'd envisioned.
As to why there's no 'Spotify for newspapers/magazines/blogs', I don't know. We're definitely not the first to consider the question. Maybe the economics (too few customers?) doesn't make sense? Maybe there's resistance to it amongst socially- and politically-connected owners and journalists who like their position in society? Maybe because it would presumably require centralisation (in terms of where and how it was consumed, akin to using the Spotify app to listen to music) and ultimately commoditisation of the media? Maybe the modern drift away from reading and longer-form media makes it unattractive, leading to a quality drift to the bottom?
Music and video streaming services are syndicating content from millions of creators into single subscription services. Why is it so impossible to make mega conglomerates for textual content? Why is nobody doing this?
Right now, creators are forced to make YouTube videos, because that's their most viable path to getting paid for their work. Why does it have to be this way, when a lot of what they do would be better as text instead of as a talking head?