A new trend among online news publications is to require payment in order to be able to read the material. This has left many wondering if it is even worth it.
Currently there are around 300 US newspaper that have content online that they have blocked with a paywall. This is the barrier that requires you to pay in order to read the material. This includes many of the publications from the The New York Times, LA Times and Gannett publishing company.
This type of paywall has actually been something that companies have seen as a great success. The New York Times alone has seen an increase in those who subscribe to its newspaper increase by over 70% with users paying between $15 and $35 a month for an online subscription.
Gannett Publishing has seen some $100 million in annual profits coming from its paywall alone. This means that these are likely fixtures that are here to stay for some time to come.
Check out the infographic “The Paywall Trend Among News Publications”:
Image courtesy of Best Colleges Online