'The New York Times' drops online subscription service
The New York Times has finally given up on the Web-subscription model, announcing Monday that the newspaper's online site will no longer charge for any content.
The decision comes two years after The Times began charging $49.95 a year, or $7.95 a month, for Internet access to premium content, such as pieces by columnists and archived stories, according to a story that appeared in the paper.
The Times said that the subscription service met targets, acquiring 227,000 paying subscribers and generating $10 million a year.
Executives at the newspaper seemed to suggest in The Times' story … Read more