More Online Publishers Inching Toward Paid Content
mattmcal writes "TheStreet.com reported its first quarterly profit with $18 million of its $26 million in revenues coming from subscriptions. WSJ.com is now up to 686,000 online subscribers. Several publishers have failed to build successful paid models in the past, such as the San Jose Mercury News, but subscription revenue is crucial during ad market dips. More and more publishers are testing these waters now that the evidence of success has become real. Washingtonpost.com and Media Guardian UK both announced recently they will require registration. This may be just the beginning of a mad rush to drop a registration gate on the major news sites."
Is the backlash that will come from a lot of the /.ers who act as if everything that is run with a 1 or a 0 should be free or open source. This kind of model is necessary for online publications to continue to thrive. Hearing that consumers are buying into it is extremely heartening news.
i wouldn't be surprise if slashdot becomes a subscription only site!!!!
Consensus is good, but informed dictatorship is better
This "fight the man" attitude is getting really old. Please knock it off.