In October Newsday (a Long Island daily paper that was sold for $650 million) began charging for online access. The price is $5 per week. In three months 35 people have subscribed.
The web site redesign and relaunch cost the Dolans $4 million, according to Mr. Jimenez. With those 35 people, they've grossed about $9,000.
In that time, without question, web traffic has begun to plummet, and, certainly, advertising will follow as well.
After Three Months, Only 35 Subscriptions for Newsday's Web Site
The coffee chain Starbucks today announced plans to close 150 locations.
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