Last year, we spent quite a bit of time looking at the economics of news on the web. It's a very important area for the Turkish Internet. Our conclusions were in line with Clay Shirky's:
century, the imperatives to strengthen journalism and to strengthen
newspapers have been so tightly wound as to be indistinguishable.
That’s been a fine accident to have, but when that accident stops, as
it is stopping before our eyes, we’re going to need lots of other ways
to strengthen journalism instead.
The P-I will require a staff of about 20, according to the NYTimes, so the economics benefits are significant. Plus, the P-I is already an established web property – with over 1.8m monthly AUVs. It will be interesting to observe whether the editorial quality will suffer.