Comments on: Business Idea: Subscribe to Tagged Magazine Articles

By: royalsneakers

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By: Duane Brown

Duane Brown — Mon, 28 Jan 2008 00:22:45 +0000

It's hard to say.. without having any real numbers to work with. LN is like a movie theater in that they give the publication a cut of the users fee (movie ticket). I doubt it's a 50/50 deal. I think the deal goes one of three ways:

1. They would get a share of the profits once all the expenses are paid off
2. LN pays the publication a flat fee every month regardless of the number of subscribers they have.
3. Similar to number 2, but it's a percentage of revenue and or subscribers.

Most publications look at it as an additional revenue source then something that competes with their ad dollar, IMO. I think you would almost have to go global at this point. The world is more now then ever viewed as a global economy. Maybe you start out with English but at some point you have to include other language as more people speak something other then English in this world.

By: Duane Brown

Duane Brown — Sun, 27 Jan 2008 19:22:45 +0000

By: Sam Huleatt

Sam Huleatt — Sat, 26 Jan 2008 18:32:02 +0000

@Duane True, Lexis Nexis is very corporate.

Also LN doesn't kick people back to the original source...I wonder if there
is room for a LN competitor who kicks people back to that source article
which may be more visually appealing and consumer focused? What do you
suppose publications companies make through LN distribution deals as opposed
to having the eyeballs on their own websites and getting advertising
revenues?

By: Duane Brown

Duane Brown — Sat, 26 Jan 2008 18:21:06 +0000

It's like Lexis Nexis but for the consumer. Lexis Nexis is very corporate gearing towards lawyers and business people.

This would be more consumer drive and event something bloggers might use as a way to archives magazine articles they might use. I know at school with have something similar for text books, the system isn't user friendly or easy to search. The average consumer would be the ideal users of this at the end of the day.

By: Sam Huleatt

Sam Huleatt — Tue, 22 Jan 2008 13:20:04 +0000

@ Duane…Getting global magazines involved is a great idea!

I wonder if this is too similar in concept to something like a Lexis Nexis?

By: Duane Brown

Duane Brown — Tue, 22 Jan 2008 13:05:20 +0000

Hey Sam

That actually sounds like a pretty cool idea. I know I don't read magazines anymore because of what I can find someone, but sometimes not everything makes it online. Pricing would be an issue, but if it was right this could work as you get a good variety of magazines involved from a global perspective.