News startup expects 10 pct of Web readers to pay

Jun 24, 2009

(AP) -- A startup planning to sell news online thinks newspaper and magazines will be able to get money from about 10 percent of their Internet readers.

Journalism Online made the projection Wednesday in a meeting with reporters.

The venture, expected to debut later this year, is trying to help struggling newspapers and magazines generate more revenue by selling packages of online content from a variety of that it hopes to sign up.

Persuading Web surfers to pay for news is expected to be difficult because most newspapers and magazines have been giving away their online content since the 1990s. Other industry studies have assumed just 1 percent to 2 percent of people who visit Web sites are willing to pay for stories.

©2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Explore further: Meerkat vs. Periscope: Live-streaming app battle & buzz

add to favorites email to friend print save as pdf

Related Stories

Recommended for you

Meerkat vs. Periscope: Live-streaming app battle & buzz

8 hours ago

Download Periscope, Twitter's just-launched live video-streaming app, and you'll find people broadcasting all sorts of mundane stuff: waiting for AT&T to fix their wiring, getting out of bed in Silicon V ...

Twitter chief vows to help Indonesia fight disasters

Mar 26, 2015

Twitter chief Dick Costolo said Thursday the microblogging site planned to work with Indonesian authorities to warn people about natural disasters that regularly hit the archipelago, from earthquakes to volcanic ...

EU unveils ambitious overhaul of digital economy

Mar 25, 2015

The EU unveiled an ambitious plan to overhaul Europe's fragmented digital landscape on Wednesday that would allow Europeans traveling in other bloc countries to get their Netflix film fix or watch BBC iPlayer ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.