I'll gladly pay 25 cents to read an article from a news website, but I won't subscribe for a whole year for $25+, especially when there's dozens/hundreds of sites.
Obviously credit card transaction fees would be a problem, but that could be mitigated by depositing say $15 at a time and deducting from the balance each time.
Hiring engineers is even worse. I think about $20/hr should suffice but there’s this big fuss kicked up about “they’re not willing to pay enough”.
And I don't think ad revenue is paying the bills so I'm not sure what other options there are. I just went to a few major news sites:
Wapo: $120/yr Reuters: $45/yr WSJ: $349/yr NYT: $195/yr Bloomberg: $299/yr
That's just a few. Is it better if I just choose one and only get my news from a single site? Or should it really cost thousands of dollars per year to be informed?