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New York Times Exploring how to Charge for Content

Mr. Christmas Lights writes "According to the Wall Street Journal, the New York Times is mulling subscription for Internet Archives. It doesn't appear that the free (but subscription required - BugMeNot to the rescue!) ability to read NYT articles less than a week old would change. However, instead of paying $2.95 per article for stuff that is more than a week old, one idea being floated is an annual fee of $49.99 for unlimited access to anything in the last year." (More below.)

Mr. Christmas Lights continues "The WSJ has been pretty successful with their online subscriptions - over 700,000 people currently pay $79 ($39 if you get the print edition) a year for full online access of the last 30 days of articles - the story above happens to be in their public area. But they are a notable exception, with media organizations struggling to charge for News now that it is widely available for free on the Internet. For example, Slashdot recently discussed the AP's plan to charge members to post content online. Will the "GoogleZon" end up replacing the 4th Estate as depicted in the entertaining and informative 8 minute EPIC video?"

8 of 332 comments (clear)

  1. Or... by Craig+Maloney · · Score: 5, Insightful

    Or we could just explore other sources of news than the New York Times. I can sympathise with their need for revenue, but they are certainly not worth $50 a year for me to access, and certainly not worth $2.95 per article.

    1. Re:Or... by cybermage · · Score: 5, Insightful

      certainly not worth $50 a year for me to access

      I'm sorry, but I don't get this attitude. Do people really think that news should be free?

      Newspapers are very important to our society. It is the only medium in which the reader is actually paying for the news they receive. Why is that important? Well, strangely enough, just about everyone works to serve the interests of the people paying them. TV news, especially Cable networks, aren't paid for by the people watching -- just the advertisers. Newspapers are partly paid for by advertising, but they wouldn't exist without paid subscribers.

      Try this experiment at home:

      Buy a newspaper, say the NYT for example. Then check sites like CNN, Fox, etc. to see if they are carrying anything like the depth of stories you see in the newspaper. I'll bet that on the International News and Business side you won't find more than 60-70% of the stories on the news websites. For local news, try comparing your local paper to your local TV news website. It'll be just simply embarassing for the TV guys.

      Now, try to tell me that 14 cents a day isn't worth the difference in coverage between Print and TV/Online coverage.

    2. Re:Or... by HomerJay · · Score: 5, Interesting

      As someone in the newspaper archiving business I can tell you that it does cost quite a bit for the newspapers to handle the archiving, storage, and sales of archives online. Add to this that they usually aren't doing it as a feel good service to their readers, but as an additional revenue stream and you find the prices mentioned in the article are about average.

      They also have to track usage and somtimes pay royalties to their article sources which is added into the price.

      Don't forget that most people looking for older newspaper articles are doing research, not reading the news, and paying a small fee to get the one or two documents they really want doesn't bother them at all.

  2. Correctness by 2.7182 · · Score: 5, Funny

    They should only charge for articles that are true, or where the reporter actually did the work, instead of sitting at home in his flat in Brooklyn smoking dope.

  3. They're forgeting the google factor... by racecarj · · Score: 5, Insightful

    With the NYTimes vast news archive they have the potential to be one of the best sources of past and current news via google.

    Remember, google is based on linking. Right now, no one links to the NYTimes unless it's today's article. If they allowed free access to their entire past archive, people would be posting links all the time (ex, an anti-Bush site would have a series of links about him from the past few years). This would translate into advertising revenue for the Times and more internet clout in general.

    The way they've set it up now, this doesn't exist. And I don't believe there is a big market for paying for old news (not that big anyway). Students and researchers use libraries, people at home use Wikipedia or whatever.

    The NYTimes should be working to be THE information news resource of world events.

  4. It's still backwards by TechnicalPenguin · · Score: 5, Interesting

    In the offline world, newspapers and magazines charge for the current issues while the archives are freely available through libraries. Why should it be reversed in the online world?

    It's completely backwards to make the current week free and the archives Pay-per-view or subscription-only. It makes much more sense to charge a subscription to the current news (whether to access the current day, the current week, or the current month), and make the older stuff freely available. First of all, there's a lot more people interested in today's news than in last year's news, meaning revenues would be higher. (That means more money for the low IQers in the audience.) It fits in line with the offline business model. It meets the customer's expectations better. And it makes the whole site more Internet-friendly.

    Frankly, I don't understand why more sites don't follow that plan. Charge for access to the current week (the most valuable content on your site on any given day) and, after that, let the bloggers and everyone else have at it for free.

  5. Your must be a Linux user. by glrotate · · Score: 5, Insightful

    Why should I pay? How about I just goto the library and pull out the article

    One of these people who's time is worthless. For the rest of us, spending $50 for 1 year's access is a better deal than spending an hours time going to the library for an article.

  6. Re:Idiots by Dirtside · · Score: 5, Funny
    You know, I took you seriously until I read the first sentence of your post. The guys who run the New York Times are dumber than dirt?
    I bet they'd make an order of magnitude more money that way than they ever would off selling subscriptions to the archives...
    Yeah, I'm sure their accountants haven't done any research at all into what will make them more money. They surely should take the advice of some random joe on Slashdot, who I'm sure owns at least two or three national newspapers, and knows what he's talkin' about.
    --
    "Destroy science and religion. Science would re-emerge exactly the same; but not religion." - Penn Jillette, paraphrased