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Hard Times

January 19, 2010 Leave a comment Go to comments

Rohit Sharma

The third largest newspaper in US, The New York Times may soon begin charging for their online content. It’s likely that they will use a metered system, which will allow viewers to read a certain number of articles for free before paying.

The Times have tried something similar before with TimesSelect that operated from 2005 to 2007. The system charged US$50 per year or US$8 per month for access to certain areas of the site, but failed horribly and it was taken down. To make up for the blunder, The Times opened its archives from 1987 to the present, for free.

Last year, New York Times Co. posted a steep first-quarter loss of US$74.5 million. Their weekday circulations also fell 7.3% the same year.

Readership will continue to fall if such plans are thought of. Would you pay to read news online?

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