For all the talk about the future being digital, the truth is no Indian newspaper or magazine (or website) is making money at the speed and in the quantum that publishers and promoters feel they are entitled to.
Worse, no Indian newspaper or magazine (or website) has been able to generate the kind of content that readers won’t find elsewhere and will therefore pay to read.
Publishers are still groping around for a revenue model for charging online content. The Times of India is apparently inclined to but will only do so with Hindustan Times also on board.
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External reading: Why Money Life went behind a paywall