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Aug 2010 May 2010 Apr 2010 Mar 2010 Feb 2010 Jan 2010 Dec 2009 Nov 2009 Aug 2009 Jul 2009 May 2009 Apr 2009 Mar 2009 Jan 2009 Dec 2008 Nov 2008 Sep 2008 Aug 2008 Jul 2008 May 2008 Apr 2008 Mar 2008 Feb 2008NYT Confirms Rumors: Users to Pay for Access
January 20, 2010 - 3:35 PM
Although the news broke over the past weekend, this morning NYT officially confirmed it will start charging for access to its Web site in 2011. Per the short and sweet press release:
"The new approach, referred to as the metered model, will offer users free access to a set number of articles per month and then charge users once they exceed that number. This will enable NYTimes.com to create a second revenue stream and preserve its robust advertising business. It will also provide the necessary flexibility to keep an appropriate ratio between free and paid content and stay connected to a search-driven Web."
Over the past years, print publications have downsized, conducted layoffs, condenced beats, moved towards more online features and some have folded. It's well-known that print newspaper circulation is declining. In fact, the decline in print newspaper circulation began to accelerate in late 2003, and has only grown deeper accoring to the State of the Media (2009).
Poynter Online released the memo NYT execs sent to staff today, providing insight into the situation and how it is being handeled by the head haunchos at NYT.
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