Sunday, January 17, 2010

Times Straights

Next Announcement - 2013
Rupert Murdoch buys .... ?


Times to Stop Charging for Parts of Its Web Site


Published: September 18, 2007

Boned Jello

The New York Times will stop charging for access to parts of its Web site, effective at midnight tonight.

The move comes two years to the day after The Times began the subscription program, TimesSelect, which has charged $49.95 a year, or $7.95 a month, for online access to the work of its columnists and to the newspaper's archives. TimesSelect has been free to print subscribers to The Times and to some students and educators.

The Times said the project had met expectations, drawing 227,000 paying subscribers -- out of 787,000 over all -- and generating about $10 million a year in revenue.

''But our projections for growth on that paid subscriber base were low, compared to the growth of online advertising,'' said Vivian L. Schiller, senior vice president and general manager of the site, NYTimes.com.



New York Times Ready to Charge Online Readers

January 17, 2010
 
Boned Jello

Sulzberger Jr.Photo: Getty Images

New York Times Chairman Arthur Sulzberger Jr. appears close to announcing that the paper will begin charging for access to its website, according to people familiar with internal deliberations. After a year of sometimes fraught debate inside the paper, the choice for some time has been between a Wall Street Journal-type pay wall and the metered system adopted by the Financial Times, in which readers can sample a certain number of free articles before being asked to subscribe. The Times seems to have settled on the metered system.

 "But our projections for growth on that paid subscriber base were low, compared to the growth of online advertising, '' says it all.  The Times circulation has dropped precipitously, and must be at the point where $10 million a year looks pretty good.   Well done Pinch.

1 comment:

Anonymous said...

So what does John Malkovich have to do with the NY Times?

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