Comments on: The Daily closes up shop with a holiday-themed musical http://www.teleread.com/publishing/staffers-at-the-daily-close-up-shop-with-a-holiday-themed-musical-video/ News & views on e-books, libraries, publishing and related topics Thu, 23 May 2013 19:21:12 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: Frank Lowney http://www.teleread.com/publishing/staffers-at-the-daily-close-up-shop-with-a-holiday-themed-musical-video/comment-page-1/#comment-1223899 Frank Lowney Sun, 16 Dec 2012 17:41:08 +0000 http://www.teleread.com/?p=75648#comment-1223899 It's simply very hard to compete against free. Unlike days gone by when news was scarce and we'd pay well for scraps of it, we now enjoy or are cursed by a surfeit of news and commentary. Teleread is but one of a gazillion such streams.That open fire hydrant of information comes at no cost to us and most are untroubled by the Soylen Green nature of our relationship with these informational and entertainment products. We blithely trade information about ourselves for infotainment. The Daily did not achieve escape velocity. It could not offer us something that was clearly superior to that which is available in great quantity and variety for free. So the gravity of free pulled the number of paying subscribers and advertisers below sustainable levels. Thus the inevitable corporate euthanasia. It’s simply very hard to compete against free. Unlike days gone by when news was scarce and we’d pay well for scraps of it, we now enjoy or are cursed by a surfeit of news and commentary. Teleread is but one of a gazillion such streams.That open fire hydrant of information comes at no cost to us and most are untroubled by the Soylen Green nature of our relationship with these informational and entertainment products. We blithely trade information about ourselves for infotainment.
The Daily did not achieve escape velocity. It could not offer us something that was clearly superior to that which is available in great quantity and variety for free. So the gravity of free pulled the number of paying subscribers and advertisers below sustainable levels. Thus the inevitable corporate euthanasia.

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