The pivot to paid news, in 5 charts

Less than a latte …
In 2012, the Reynolds Journalism Institute concluded that the optimal price for a digital news subscription was about $1.25 per week. Data compiled by the American Press Institute finds that the median price of digital news subscriptions in 2017 was nearly twice that, at $2.31.

… but more than many people are willing to spend
People who pay for news think differently from those who don’t. Research published last spring by the Media Insight Project found that nearly half — 49 percent — of survey respondents said they’d be willing to spend $1 or less per week for digital news.

Undervalued?
Those paying for a subscription, however, appear to be happy with the value they get for their money. More than four-fifths of respondents to the same Media Insight Project survey said they thought their news subscriptions delivered “fair” or “good” value for the price, and fewer than one-fifth thought their subscriptions were somewhat overpriced.

What the market will bear
The same American Press Institute survey found that newspaper publishers put more importance on market testing than on competitors’ prices when determining the price of their digital subscriptions.

Measuring up
The median price of a digital newspaper subscription is around $10 per month. That’s the same or slightly cheaper than leading audio content subscriptions, including Spotify and Audible, but it is more expensive than the asking price for many subscription video content products, including both mass-market offerings such as Netflix and specialty products such as Crunchyroll.