Monday, March 14, 2005

The New York Times > Business > Media & Advertising > Can Papers End the Free Ride Online?

The New York Times > Business > Media & Advertising > Can Papers End the Free Ride Online?: "Consumers are willing to spend millions of dollars on the Web when it comes to music services like iTunes and gaming sites like Xbox Live. But when it comes to online news, they are happy to read it but loath to pay for it.
Newspaper Web sites have been so popular that at some newspapers, including The New York Times, the number of people who read the paper online now surpasses the number who buy the print edition.
This migration of readers is beginning to transform the newspaper industry. Advertising revenue from online sites is booming and, while it accounts for only 2 percent or 3 percent of most newspapers' overall revenues, it is the fastest-growing source of revenue. And newspaper executives are watching anxiously as the number of online readers grows while the number of print readers declines. "

I would gladly pay for access to nytimes.com -- if it involved less ad junk
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