Newsday, San Francisco Chronicle To Start Charging For Online Content

Browsing the Web sites of two major daily newspapers is about to start costing: After posting substantial losses, both Newsday and the San Francisco Chronicle have announced plans to begin charging readers for online content.
Late Thursday, Tom Zucker, COO of Newsday‘s parent company Cablevision said the paper plans “to end the distribution of free Web content.” Zucker declined to specify when when Newsday will begin charging to read content on its site, and did not reveal what that pricing would be. The shift comes as ad revenue and circulation are both down at the paper: Cablevision bought Newsday for $650 million in May 2008, and was recently forced to write down Newsday‘s value by $402 million, leading to a fourth-quarter loss.
Meanwhile on the West coast…


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