Newsday Will Charge for Online Content

By John Johnson,  Newser Staff
Posted Feb 26, 2009 3:45 PM CST
The mastheads of the New York Post and Newsday are seen in this photo in New York, Friday, March 21, 2008.   (AP Photo/Richard Drew)

(Newser) Newsday will buck an industry trend by charging people to read it online, Reuters reports. The newspaper's owner, Cablevision, says it will "end the distribution of free Web content," though it didn't specify when. In the US, the Wall Street Journal is the only major paper currently sticking with paid online subscriptions. Cablevision wrote down the newspaper's value by $400 million today as it posted a fourth-quarter loss.