Share

Times Media woos SA with digital deal

Cape Town - Times Media is hoping to woo South Africans to its digital platform and is sweetening the deal with international news subscriptions.

In addition to digital content from the Sunday Times and The Times print publications, subscribers will also have access to The New York Times, The Telegraph, and FTWeekend.

Times Media says that monthly subscriptions of R82.33 will remain the same.

"Apart from ensuring that readers get easier access to the Sunday Times and The Times content, through delivery to the mobile device of their choice or via the web, TimesPLUS allows our loyal readers to leverage the additional innovations that we have created to enrich their lives," said Jason Sequeira, GM for Circulation at Times Media.

The offer represents a change in media companies as they race to cater to an increasingly digital audience, while also trying to protect the revenue-generating print offerings.

Paywall charge

Print is on the decline, but few media companies have solved the problem of how to generate the same cash from digital content offerings.

In South Africa, the Daily Maverick has been leading the paywall charge in terms of its news content but has added a sweetener of an iPad to users who sign up for a two year deal.

The online publication does not charge for access to its content on the web, instead it allows for consumption of its weighty and detailed news and analysis, but it knows a trick. People use tablets to curl up and read on the couch.

"There  are certain times, or mediums, when paying for content can be justified. For example, in a tablet environment where the publisher has incurred additional cost to enhance the reading experience from online," said Styli Charalambous, CEO of iMaverick.

The biggest problem for publishers looking to leverage digital titles is that advertisers are drawing down their spending on print, but not necessarily moving to the web.

In many cases, those advertising dollars are finding their way to TV, radio or massive marketing activations.

Tony Banahan reported on The Media Online that while ad spend only increased moderately by 6% in the last year, TV ad spending jumped a whopping 47%, mainly at the expense of print.

Rewards programme

And paywalls don't always work as intended: Without unique content, audiences may simply get the news elsewhere.

In the US, The Dallas Morning News suffered a paywall crash. The title was one of the paywall pioneers but has forced into a complete re-evaluation of the model as subscribers simply evaporated.

Times Media announced a rewards programme, dubbed TimesLive Club or TLC, as part of the offer. TLC will serve as a value offer for subscribers to the digital platform and goes live on 1 December.


- Follow Duncan on Twitter

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.06
+0.8%
Rand - Pound
23.80
+0.6%
Rand - Euro
20.41
+0.7%
Rand - Aus dollar
12.39
+0.8%
Rand - Yen
0.12
+0.9%
Platinum
916.70
+0.5%
Palladium
979.00
-2.6%
Gold
2,332.21
+0.7%
Silver
27.35
+0.7%
Brent Crude
88.02
-0.5%
Top 40
68,437
-0.2%
All Share
74,329
-0.3%
Resource 10
62,119
+2.8%
Industrial 25
102,531
-1.4%
Financial 15
15,802
-0.2%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders