Monday June 17, 2019

Warning: Use of undefined constant sfire_topic_count_text - assumed 'sfire_topic_count_text' (this will throw an Error in a future version of PHP) in /nas/content/live/nyconvergence/wp-content/themes/nyconvergence-3/functions.php on line 188

Media Execs Envision Users Paying for Content

At PricewaterhouseCoopers' launch event in NYC for their Media and Entertainment Outlook 2009-2013 report, industry executives, including Les Hinton, CEO of NYC-based News Corp.'s Dow Jones & Co. and publisher of The Wall Street Journal, called newspapers' decision to initially provide content free on the Web a mistake.

Hinton and others, however, said that they expect consumers will be willing to pay for popular digital content.  Without giving specifics, Hinton said that Dow Jones is working on a system that might allow for online subscriptions and a micro-payment model.

This follows his boss', Rupert Murdoch's, comments earlier this year at the Cable Show where he said that it would be "no trouble" for a financial paper “with the history of the Journal” to charge $60-100 a year for the Web site.

The Hollywood Reporter

> News Corp.'s Murdoch Finds Fault With NYTimes.com