NY Times to charge for online content
Queen’s University Professor Vincent Mosco is available to discuss the recent announcement that the New York Times will begin charging for its online content in 2011.
“Mainstream media are desperate to find new revenue streams because they are losing money, primarily because people can get their news online free of charge and advertisers are fleeing print media for online,” says Professor Mosco. “The Times effort represents another stab at recouping lost revenue. But the Times appears to be groping in the dark. They offer no details except to provide some access free of charge and a subscription fee for accessing more material. This announcement is timed to correspond to the introduction of the Apple tablet next week because Apple is cutting deals with publishers to include their material on the new device on a revenue sharing basis.”
Vincent Mosco is a professor of sociology and a Canada Research Chair in Communication and Society at Queen’s University. He is the author of numerous books in communication, technology, and society.
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