Paying for an Online Newspaper
Remember the furor when the Times went to a subscription model for its website about a year ago? No newspaper had ever successfully restricted their online content like this, because people wanted it free. Living on a grad student stipend, I didn’t want to pay for it either, so I limped along on my 20 free articles a month. Now the Times has announced that they’re reducing the monthly free articles from 20 to 10, and you know what? I want that news. The New York Times has some of the best news on the Internet, and I’m willing to pay for their world-class editorial board and analysis.
Which brings me to a couple of hypotheses. First, that the Internet is getting more mature and people are figuring out how to make a business out of it. Second, that people are willing to pay for the really good content online.
It’ll be interesting to see how decreasing the free articles to 10 plays out for the Times.