The end of paid content on the web?

Interesting quote from Publishing 2.0:

"The new economics of media make charging for content nearly impossible because there is always someone else producing similar content for free — even if the free content isn’t ‘as good as’ the paid content by some meaningful metric, it doesn’t matter because there’s so much content of at least proximate quality that the paid content provider has virtually no pricing power. As smart, talented, and insightful as the New York Times columnists behind the paid wall are, the are too many other smart, talented, insightful commentators publishing their thoughts on the Web for free."

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This trend makes sense in the light of syndication and visibility – the value of these two elements can outweigh any kind of direct payment system and the gated content that ensues.

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