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NEWSDAY  was bought for many, many millions of dollars.   Now, Newsday is a big mag in the NY area, we aren't talking the Buffalo Hump, Wyoming Herald and Car Trader.  Lots of people read Newsday.

The new owners decided to start making some money by putting up a firewall to their online site, and charging $5/year for access.

$5 a year for all that Newsday has to offer.  A bargain, right?

After three months, thirty-five people have signed up.  That's less than $200, gross.  The electricity to run the firewall  and router costs more than that.

SO much for the 'charge for access' model. 

http://www.observer.com/2010/media/after-three-months-only-35-subscriptions-newsdays-web-site

Comments

( 3 comments — Leave a comment )
ccdesan
Jan. 27th, 2010 06:15 pm (UTC)
don't know who's the cheaper bastard, us or Newsday just on the general principles...
secoh
Jan. 27th, 2010 06:51 pm (UTC)
Murdoch owned paper? He was ranting about Internet news killing newspapers and therefore should be costly, and google stealing news by offering an aggregator click thru service.
Sydney morning herald tried it a few years back too with the same result. All the articles are Reuters and Apc anyway!
deckardcanine
Jan. 28th, 2010 04:17 pm (UTC)
I am worried about how they would make money. Banner ads can do only so much, and I fear that yet another Net-related bubble will burst soon.
( 3 comments — Leave a comment )

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