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Newsday Will Charge for Online Content

By John Johnson,  Newser Staff

Posted Feb 26, 2009 3:45 PM CST

(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.

The mastheads of the New York Post and Newsday are seen in this photo in New York, Friday, March 21, 2008.
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)
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Our goal was and is to use our electronic network assets and subscriber relationships to transform the way news is distributed. - Tim Rutledge, chief operating officer of Cablevision

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COMMENTS
Showing 3 of 8 comments
Guest
Feb 26, 2009 11:39 PM CST
Who the f reads Newsday, anyway?
Guest
Feb 26, 2009 9:43 PM CST
It certainly puts them in jeopardy now with so many free alternatives out there. But, we all need to start paying for online news at some point or the newspaper industry is going to fail. And for all of those out there who believe in alternative news, your just as much of a pawn as the rest of us.
Guest
Feb 26, 2009 7:07 PM CST
that wont last...their next for bankruptcy.

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