I believe that quality writing deserves to be rewarded. I am happy to pay the New York Times, the Wall Street Journal, The Guardian, etc. an affordable amount for a specific article (50¢, $1.00 ?). However, flat monthly subscriptions are not practical.
For example, NYT is $50/yr, WSJ is $100/yr, Bloomberg $420/yr, LA Times $98/yr, The Guardian £119/yr, WaPo ~$80/yr. These are all fine publications, and I have no doubt each is well worth the price. However, I do not have time to take full advantage of all the channels if I were to subscribe (which I can't afford), and I don't want to limit myself to one paper. I want to pick and choose random articles from any publication.
What if I could pay on a per-article basis? I wouldn't have a problem paying 50¢ or $1.00 for an article I was interested in. It's not practical for each publisher to set up micro-payments. But, if there were an intermediate agent that accepted and managed payments for individual random articles, the money could be aggregated and remitted in a lump sum to the publishers. Sort of like an old-fashioned news stand.
The middleman could accept PayPal payments, or I could open an account with my credit card, and pay once a month for all the individual articles I have read.
Sounds like a business opportunity. Is anyone doing this?
What might work is a "middle-man" between publishers offering a multi-pulbisher subscription system similar to what cable television providers currently do, though that model seems to be dying too (think cord cutters) and really doesn't solve the crisis either but might be a buisness opportunity.
Personally I think what has happened to journalists and is currently happening to television personalities is the elimination of a class of people(for good or bad the 4th estate is not as valuable in a connected world), the other night I watched SNL attempt to create their show with clips from the staff at home, and compared to what I already watch on Youtube it was OK at best.
Is it possible journalists have just had it too good for too long? Similar but to a leser extent to how the music record industry had it Pre-Napster?