Quote:
Originally Posted by Allison
the smallest percentage of consumers ever in the past 10 years is willing to actually pay anything for it.
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This is all you need to know.
I saw three sides of the industry, online, magazines and DVD. From the days of TGPs, magazine sales declined. They simply could not compete with TGP sites giving away 1,000s of images every day. Whether all the money spent on magazines moved to online is speculation. We would need to look at the billions spent on magazines in shops world wide to take a stab.
As I said the paid/free model was a set of scales.
For many viewing a TGP site the amount of free was enough. As we loaded the free side with more and more, taking money from the paid side. The balance kept tipping. You can only guess where the balance is today.
The ONLY thing that made it look good was the increase in traffic. Once that increase leveled off, we were on the road to today. Tubes put roller skates on the process.