Sunday, September 20, 2009

More newspapers are going to start charging for online content, according to the AP: "Separately, more than 1,000 newspapers and magazines have signed nonbinding letters of intent to join an Internet fee system being assembled by Journalism Online LLC. It intends to begin collecting money on behalf of publishers before winter."

I also find this very interesting: "Preserving the value of their print franchises is one of the main reasons for publishers to charge for Web access. That's because newspapers still get most of their money from print ads, which accounted for $35 billion of the industry's revenue last year. Newspaper print ads are on pace to fall below $30 billion this year. Online ads, in contrast, contributed just $3.1 billion in revenue last year."

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