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Paid Subcriptions

August 9, 2009
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With the reluctance to pay for print media, due to the easily accessible (and free) forms of online media, someone is going to lose out on the cash.

However, two media outlets, Journalism Online and ViewPass, aim to help publishers in ways to get paid for their online work.

With the economic crash, it will be expected to find that the public will have to pay for at least some of their news.

Gordon Crovitz, a co-founder of Journalism Online, says “we expect a very large number of news sites will have some elements of paid content beginning in the fall.”

Gordon Crovitz

Gordon Crovitz

This payment, would generally come from paid subscriptions.

The Newyork Times also covered this story, stating that Online Journalism will be asking for paid subscriptions of approximately $15 dollars a month

“The most important thing is it’s simple to use,” said  Mr. Stephen Brill, one of the three executives who hope to build Online Journalism. “Much of the barrier to charging online is the transaction friction, as opposed to the actual cost. With this system, you’d have a single password, give your credit card number just once.” (Quote from Newyork Times)

The question is, are people willing to fork out the money for this? With the current economic climate, battered publishers can only hope.


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