The Guardian
topics
Close Box

News From Us:

Our latest report; our new video section; and jobs with paidContent.org and paidContent:UK


Former WSJ.com Editor: What Papers Can—And Can’t—Charge For

First, free was all the rage among newspapers; now, the pendulum has swung back, and at least some newspaper companies are convinced that their future lies in charging for their content. What does someone who has relied on the pay model from day one think about that? It won’t work, at least not the way that many papers are now talking about it.

In a two-part series on the Reflections of a Newsosaur blog, former WSJ.com managing editor Bill Grueskin argues that once newspapers decided to put their news online there was no going back because, in his opinion, readers won’t pay for news that was once free. This is why, he said, the WSJ.com was so stubborn about not making its content free even when pundits and analysts were questioning the pay model.

(Since Grueskin’s departure, under Rupert Murdoch, Dow Jones (NYSE: NWS) has made more of WSJ.com free, while keeping much of its core economics and business coverage behind the pay wall.) Where papers do have the option to charge, Grueskin says, is for non-news content, including the following:

—Daily emails with actionable information, like the best-and-worst traffic routes during rush hour. 

—Sites that offer real-time intelligence about the real-estate market.

—Survey sites that accept user submissions about the best-and-worst teachers in local markets.

—In-depth coverage of local government, including publishing bills and video.

Related Stories
Mar 24, 2009 4:26 PM ET
Share

Posted In: Advertising, Media & Publishing, Companies, Gannett, Hearst, McClatchy, MediaNews, New York Times, News Corp., Dow Jones, Wall Street Journal, Pearson, Financial Times, FT.com, Scripps, bill grueskin

  • Bravo, Mark. Bravo!

  • Mark

    Well, jenkins, it seems tht we have a lot of desperate dinosaurs around. I am one of them. And, I prefer to pay than get a "user(loser)-generated" opinion masked as a "featured story," wrapped in a couple of "free" ads, blocking my view to this jewel of "social journalism" and given to me with a pack of cookies and spyware, so that google can profile me even more accurately—all for “free” but unwanted, of course.

    But it is a democratic world, each of us can have what we want, paid content including, right?

  • Sue Sparks

    WSJ (and Financial Times) are special cases amongst newspapers, both because of the nature of the content and because the people paying can often re-charge the cost to their employers. They properly belong in the business information category, not news. Even so, WSJ apparently almost made the mistake of abandoning its subscription revenue, and it certainly would not have been able to reinstate it. Basically, if you have more than one revenue stream, don't give it up! Aside from that, Grueskin's potential money earners don't sound that convincing to me as there are actual or potential free alternatives. Some European papers have succeeded in charging for some things like email diets and dating sites (often buying existing sites), but it's all pretty marginal. There's no magic bullet, each paper has to work it out for itself. But more convincing is buying non-news properties and diversifying e.g. Murdoch and MySpace.

  • Grueskin can gloat all he wants, the WSJ was a niche source on investing, local news has no value of that nature anyone would pay for.

  • Staci D. Kramer

    @jenkins: Are you speaking of "all pay" or all you also against hybrid models?

  • jenkins

    The "for-pay" model is old and tired. Anyone that tries it now is:

    (A) Quite desperate
    (B) A dinosaur

The Economics of Content | paidContent Newsletter

Know something we don’t?

Send Us a News Tip

All tips are anonymous and untraced.

Sponsors

Contributors