21 June 2001

Content Ain't King (part II) Touching again on a subject that came up in May, the Guardian Unlimited looks at the terminal difficulties faced by content sites, highlighted recently by the closures of Suck and Feed. (via Tomalak) Unfortunately, people believed that everything connected with the net would make them billions. No one thought content sites needed to be shielded like a new magazine for five years while they found their feet. So content sites now need to look for a different kind of money, says Shirky. "They need patrons, rich media companies that don't mind running them as a loss leader. After all, The New Yorker has never turned a profit." 12:35:11 PM