Wednesday, April 24, 2013

The Atlantic to Launch a Paid Online Product

The Atlantic Monthly Group will release some form of paid content product online in the coming weeks President Justin Smith said at a conference in New York last week. On a panel of publishers that included News Corp. and MLB, Smith said that the plan was to explore every kind of business model and monetization method for digital. “To see the ad model is going to win over the pay model is foolish,” he said. Adding to the chorus of support for paid content online was President and CEO of MLB Advanced Media Bob Bowman who said, any publication out there should have a paid content product."
Interestingly, the Atlantic has proven to be among the most successful of magazines to make the transition to digital. It’s digital revenue was up 33% in 2012 and a substantial part of the company’s third year of profitability.