I nearly choked on my Taco Bowl when I read
this -- it's an article about how Jim VandeHei, the co-founder of Politico, is planning on starting a website where people can go to get
real news. I certainly did not like the sound of that:
VandeHei wouldn’t share many specific details on Axios, citing a “hyper-competitive market,” but said, “Fundamentally, the problem that needs to be solved now — unlike a decade ago — is that there’s more good information than at any point in humanity, but it’s harder than ever to get to, even for really sophisticated readers…To me, the topic areas that cover all those people who care about serious news are: media trends, meaning how are people consuming and disseminating information; politics; business; and technology. All growth, all new ideas, are going to come from the collision of those ideas.”
I immediately thought to myself, "Christ, what would happen if something like this actually catches on -- a news site featuring
real news?" Well, as I continued to read the article, I started getting less nervous. Then I read this part and all was well again:
VandeHei’s ultimate goal is for half of Axios’s revenue to come from advertising and half to come from subscriptions — very expensive ones. “I’d be very surprised if I got super-intrigued with a subscription that was less than $10,000.”
A $10,000 per year subscription fee? Nobody will pay that! Thank God.
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