The Washington Post
is one of the last great old print newspapers to not charge readers for online access, but not for long.
The Wall Street Journal today reports that "while details are being finished, people familiar with the matter said that a metered paywall—meaning a website that allows casual readers to read a certain number of stories free before charging a subscription fee -- is likely to be rolled out in 2013, along with increases to the print newspaper's newsstand price."
The WSJ.com story is behind a paywall, natch.
In related news, The Daily Beast, which recently merged with Newsweek, is also considering a paywall.
The media company was founded by Tina Brown and is backed by billionaire Barry Diller.
The Post, the Beast, and Newsweek are all drowning in red ink.
The division of Diller's IAC that includes the Daily Beast lost $13.2 million last quarter. Newsroom employees there and at Newsweek newsrooms will lose their jobs today. Newsweek "was on track to lose $22 million this year before plans to close the print edition were announced," according to Bloomberg.
The Post's newspaper division reported an operating loss of $56.3 million for the first nine months of 2012, which amounts to a 14% drop in revenue.
You’d be forgiven for thinking the videocassette format long-dead, but it turns out that Betamax is still around. Sony is finally going to withdraw tapes from sale, bringing a 40-year story to an end. The last recorders were sold in 2002. ベータビデオカセットおよびマイクロMVカセットテープ出荷終了のお知らせ [Sony; via The Verge]
A leaked Comcast memo discloses that the company’s consumer data caps have nothing to do with network congestion, contrary to its public claims. The internet service provider has often complained (such as when lobbying against net neutrality) that it must impose limits on service to prevent network congestion. The argument suggests that these measures are […]
LA Makerspace co-founder Tara Tiger Brown shares a project that her kid-friendly maker workshop is trying to make a reality.
This minimalist multi-tool will see to it that instead of rocking a tool belt, you’ll carry just one. It’s shaped slightly like a key and weighs less than an ounce, so it plays nice with your keychain. The strong surgical-grade stainless steel blade will last, and is handy for everyday tasks like opening boxes and […]
The Code Black is our top-selling drone of all time—and for good reason. This powerful, palm-size drone is not only insanely fun to fly, but can capture some serious video footage from up above. With a flight time of about 10 minutes and an ultra-smooth ride, it’s a great introductory drone for anyone looking to […]
Don’t get handcuffed by Apple’s standard 3-foot Lightning cord (that you’ve most likely already lost), treat yourself to 10 feet of luxurious charging convenience. The Colossal is certified by Apple for its high-end quality, and designed to support full use of your phone while you power up. You can also get it in a 2-pack […]