ABC planning to raise paywall by June
Posted by Leah McBride Mensching on March 16, 2010 at 8:42 PM
ABC recently announced plans to initiate a
paywall
for some of its online content starting this June, hoping to alleviate
some of its financial troubles and increase revenue. The announcement
comes in the wake of ABC's restructuring plans
and its decision to eliminate 300 to 400 jobs through buyout
propositions.
ABC's initiation of a paywall should come as no surprise to those watching media news over the past year. Beginning with the success of the Financial Times and Wall Street Journal's moves to paid content, NewsCorporation, MediaNews and the New York Times followed in their path with plans to erect paywalls by 2011. Just this week, the Washington Post announced its launch of Capital Business, a business weekly for subscribers only.
For more on this story, visit our sister publication, editorsweblog.org.
ABC's initiation of a paywall should come as no surprise to those watching media news over the past year. Beginning with the success of the Financial Times and Wall Street Journal's moves to paid content, NewsCorporation, MediaNews and the New York Times followed in their path with plans to erect paywalls by 2011. Just this week, the Washington Post announced its launch of Capital Business, a business weekly for subscribers only.
For more on this story, visit our sister publication, editorsweblog.org.
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