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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (94178)	1/7/2005 3:57:44 PM
From: LindyBill	Read Replies (3) \| Respond to of 793846

I sure hope the NYT doesn't do this. The advertising model is the best way to go. DJ's Crovitz on NYT.com considering sub model 1/7/2005 3:46:36 PM - Romenesko Quotes from Gordon Crovitz, president of electronic publishing for Dow Jones & Company, regarding Reuters' story on the New York Times.com possibility of going to a paid subscription model. "We would be delighted if the New York Times web site joined The Wall Street Journal Online in seeking a subscription fee. We have never understood why a publisher would charge for its news in one medium, such as print, then give it away for free in another medium, such as online." "Many newspaper publishers got caught up in the hype of the web in the 1990s and decided that people would not pay for content if it were delivered online. The Wall Street Journal Online was roundly criticized at the time, with so-called experts lecturing us that the web had to be free. We recently reported that we had more than 700,000 paying subscribers to WSJ.com." "Subscription revenues are critically important to news publishers such as The Wall Street Journal that have large news departments. Advertising pays only some of the bills in print, and that's equally true online." "Over time, I would expect that more and more news publishers with valuable brands and content will join The Wall Street Journal Online in adopting a subscription model. The question is: Which publishers think their brands and content will justify a paid subscription?" "Dow Jones has a strategy that combines a subscription model for The Wall Street Journal Online with a number of web sites that are free to users, such as CareerJournal.com, RealEstateJournal.com and OpinionJournal.com. Indeed, we're in the process of acquiring MarketWatch, a free financial site. Together, the Wall Street Journal Online network and MarketWatch will make us the largest publisher of business and financial news on the web, attracting some eight million visitors to our sites each month."