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What's Happened Since Time Dropped Its Paywall 1 Year Ago (www.adweek.com)

submitted 5 days ago by AnActOfCreation@programming.dev to c/technology@lemmy.world

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Time removed its paywall in June 2023, resulting in a rise in advertising revenue but a loss of digital subscribers, with traffic remaining relatively flat.
The decision was influenced by broader industry trends and the publisher's focus on working with advertisers and leveraging its brand equity in other ventures.
Time aims to achieve profitability by expanding its direct advertising and sponsorship business, growing its global events slate, and exploring new ventures like connected television.

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[-] stonerboner@lemmynsfw.com 10 points 4 days ago

Ah, so the people creating essentially get paid half for the same amount of work. That’s WAY better lol. Yeah, I’m not super into knowing so much about faux currency. I tend to deal with the real kind. So please pardon my mistake 🙏

[-] technocrit@lemmy.dbzer0.com -3 points 4 days ago

Here's some more 101 info: Computers do the work, not people.

[-] stonerboner@lemmynsfw.com 4 points 4 days ago

Oh, are you talking about the insanely high non-renewable energy used to mine coin and distribute, which is way beyond even AI?

Because I think it’s pretty evident that the coin halving heavily impacts our environment as it now takes twice as much energy to create the same value.

Actually giving a shit about the Earth 101 for ya.

[-] postmateDumbass@lemmy.world -4 points 4 days ago

Better crypto use the power than AI.

[-] stonerboner@lemmynsfw.com 2 points 4 days ago

Ok, techbro lmao. Crypto using more fossil fuels in 2020 than AI will three years from now is a heck of a hill to die on.

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this post was submitted on 27 Jun 2024

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