Paid Online News Venture Fails To Get Subscribers

Posted by timothy on Thursday April 23, 2009 @09:49AM from the it-seemed-different-on-paper dept.

Ian Lamont writes "The idea of migrating people from free online news content to paid subscriptions has been dealt a blow. A venture meant to fill the void left by the print Rocky Mountain Times has attracted 3,000 subscribers — just 6% of its original goal of reaching 50,000 paid subscribers by Thursday. InDenverTimes.com is currently free, but the plan was to have gated premium content starting next month for a $5/month subscription. The project has entrepreneurial backing and articles from journalists who used to work for the print-focused Rocky Mountain News, which closed last month. However, a lack of paying subscribers and low online ad rates means that the venture might have to scale back its ambitions."

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Re:oblig. by igny · 2009-04-23 12:15 · Score: 5, Funny

I had the mod points, but I was unable to spend them for that post was modded to the max. So I am posting a reply to help the fellow modders who are now wondering how to spend their points. Do not worry the fellow modders, if this post gets modded to the max I will reply again.

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In theory there is no difference between theory and practice. In practice there is. - Yogi Berra