New York Times to halt online subscriptions?

“(Reuters) – The New York Times Co. plans to stop charging Internet users for access to its columnists and Op-Ed pieces on a section of its Web site known as TimesSelect, The New York Post reported on Tuesday.”

An interesting development. The New York Times has been at the leading edge of developing its web content – as you might well expect of one of the world’s great newspapers. It has in the past been reported as being among the first papers to profit from its online edition. Presumably now the online readership has grown – and the advertising rate card costs have risen – to the point where the additional free readership & ad revenue will more than compensate for lost subscription revenues.

And of course it’s a very strong competitive move.

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