There’s been another huge swathe of job losses across the media this week as the industry struggles to find effective ways to keep itself afloat.
One idea we’ve been trying is Axate: a pay-as-you-go wallet that works across multiple sites and replaces traditional subscriptions with a small fee for individual stories as and when you want to read them – which always struck us as the way a lot of normal people actually use the internet, not as a bunch of high-salaried, long-lunch media execs keep pretending.
If you wanted to test the system out, there’s a piece we wrote a few years ago that might be of interest. It’s about how expensive celebrity libel proceedings can be, how lawyers’ bills quickly rack up – and how two bad tweets ended up costing Katie Hopkins £300,000.
It requires an Axate account to read, but once you’ve signed up you get access to any of our individual long reads for a one-off payment of 25p. There’s a weekly spending cap of 50p too, so if you really want to blitz our back catalogue, you can do it really cheaply and still help support us.
[Read ‘For Whom Libel Tolls’]