Online Journalism Review reports that the Los Angeles Times website may be converting to a subscriber-based format. Currently, the only large newspaper whose website charges for access is the Wall Street Journal, which is losing a lot of money. Two smaller papers, the Albuquerque Journal and the Tulsa World, have subscription websites, but they are either losing money or turning a very small profit.
If LA Times Interactive (which oversees the Los Angeles Times website) thinks they can turn a profit with a subscription model, I think they are sorely mistaken. Their paper is nowhere near the quality of WSJ, which is losing money.
posted on July 13, 2002 08:19 PM
