Newspapers to charge for web content

Link to the article: Channel 4 News

By Benjamin Cohen

Badly hit by the recession, newspapers are planning to charge for their online content. Benjamin Cohen reports.

At the moment just one UK paper, the Financial Times, charges its subscribers.

But Channel 4 News has learned that others, including the Sunday Times, are drawing up plans to follow suit.

Indeed, one editor has admitted that the industry's biggest mistake in the past 10 years was not to charge its users.

With steadily a declining circulation and advertising revenue hit by the recession, the newspaper industry may now look to charge users for access to its website content. Currently only one national paper - the Financial Times - charges its subscribers.

The editor of the Financial Times, Lionel Barber, admitted to Benjamin Cohen that the biggest mistake the industry made in the past ten years was not to charge users.

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