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Readability Just Became Instapaper's Publisher Payment Layer

Personally, I think the concept behind Readability is pretty awesome.  It gives you a way to read all your favorite articles on the web without all of the clutter of the web — meaning, mainly, ads.

TechCrunch MG Siegler

Context & Ripple Effects

Instapaper had already begun testing paid subscriptions in October 2010, establishing that readers might pay directly for a read-later experience rather than encounter advertising on every source page.

Readability becoming Instapaper’s publisher-payment layer connects that subscription experiment to the publishers whose articles are reformatted for distraction-free reading. It makes monetization part of the reading workflow rather than an afterthought of the browser page.

First-order effects

  • Instapaper gains a mechanism to pair its cleaned-up reading experience with publisher payments, addressing the revenue gap created when ads are removed from saved articles.
  • Publishers whose work reaches Instapaper readers gain a defined payment intermediary instead of relying solely on advertising displayed on their own sites.

Second-order effects

  • Instapaper’s paid plans become more defensible if a portion of reader spending can be tied to publisher compensation, rather than being framed only as payment for convenience features.
  • Other read-later products face pressure to explain how ad-free article presentation supports the publishers supplying the content.

Third-order effects

  • If reader-funded payment layers spread, article consumption can be monetized at the reading-service level, shifting some publisher economics from page impressions toward the services that organize readers’ attention.

The trend: Read-later services are moving toward workflow-native monetization that couples an ad-free reading interface with a route for paying content publishers.