Manhattan Strip Clubs: Newsday Shows Future of Online Subscription Model

Almost universally, newspapers have struggled with online subscriptions, with the Financial Times and Wall Street Journal, a News Corp (NWS) property, the only two that have really delivered results better than awful. Whether the New York Times can operate at that level is in doubt, particularly given the stunning realization about Long Island daily newspaper Newsday.
Late last October, Newsday put its content behind a pay wall, making it the first non-business newspaper to do this, according to the New York Observer (which isn’t exactly true — several newspapers have played with this, though mostly in part). Three months later, its results are telling: 35 people. are willing to pay up to $5 a week to read Newsday on the Web.
Imagine going to a strip club at 3:00 in the afternoon. That’s how many people pay for Newsday on the Web.

See the full article from “BloggingStocks (blog)”

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