Gannett to start charging to read its websites
Gannett, publisher of The Asbury Park Press and 79 other community newspapers throughout the country, announced today that they will emulate The New York Times and The Wall Street Journal by charging their readers to access their websites, according to multiple news outlets, not including The Asbury Park Press.
Readers will be able to read between five and fifteen articles each month before being charged, according to Forbes who covered the investors conference where Gannett announced the news.
The company also announced that they will shed $1.3 billion in cash, distributing it to shareholders through dividends and a $300 million stock buy back.
That’s a great idea. I mean, it worked so well for PolitickerNJ, so why not follow a good idea?
What a joke. That rag is not worth reading for free. Since they went to facebook commenting, it has knocked out 90% of the posters. Now they want to knock out 90% of their readers. Do these guys lay awake at night dreaming up ways to drive people away from the paper? Here’s a reality check APP – you are not the WSJ or NYT. Your limp-wristed, liberal editorial board is out of touch with the people in your region. Why not just get it over with and secure a spot next to the Pennysaver.
Who Needs Them
FS, if you’re asking seriously, then Frank Pallone needs them. If you’re asking rhetorically, then Frank Pallone needs them.
I’m surprised Frank Pallone isn’t down in DC right now trying to arrange an Obama bailout of The Press as the only way to ensure his re-election.
[…] been a day since Gannett announced that they are going to start charging to read the news on their websites, including […]
Point WELL Made James