The micro-transaction proposals everyone cried about in the early 2000's would have been so much better than this.
The odds of me paying for a subscription for some tiny local newspaper on the other side of the country are literally nil, but I'd be far more willing toss you a penny or two to read the content of a single article.
Why? why do most B2B companies prefer subscription based pricing? Because it brings in predictability you can run a business on. Micro-transactions only work in utility context (electric, water, cloud compute). You can't run a news company on micro-transactions.
And nearly the entirety of retail sales. When I buy something at a store, I don't have to have an account, subscription, or anything of the sort. I can just grab the thing I want, fork over the price of that thing, and get on with my day.
Aside from logistics, the problem with microtransactions for news that I can see is that it would encourage only the more sensationalistic news and discourage the more mundane news that is likely more important for people to know.
Not really? Retail is mostly driven by normal transactions.
> Aside from logistics, the problem with micro-transactions for news that I can see is that it would encourage only the more sensationalistic news and discourage the more mundane news that is likely more important for people to know.
Exactly - it essentially kills journalism that requires a lot of upfront research or work.