NYT Paywall Cost $40 Million: How?

Posted by timothy on Monday April 4, 2011 @12:12AM from the difficult-to-weave-the-net-just-so dept.

An anonymous reader submits this musing from Philip Greenspun's blog: "Aside from wondering who will pay more than the cost of a Wall Street Journal subscription in order to subscribe to the New York Times, my biggest question right now is how the NY Times spent a reported $40-50 million writing the code (Bloomberg; other sources are consistent). Google was financed with $25 million. The New York Times already had a credit card processing system for selling home delivery. It already had a database management system for keeping track of Web site registrants. What did they spend the $40-50 million on?" Maybe the folks behind CityTime were free on weekends.

1 of 305 comments (clear)

Min score:

Reason:

Sort:

No surprise by Anonymous Coward · 2011-04-04 00:15 · Score: 0, Offtopic

The NYT's entire outlook towards life is economically incorrect. Yes, I am a fiscal conservative and this just demonstrates to me they have no handle on the economy. Krugman is out of touch with reality.