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 This material may not be published, broadcast, rewritten or redistributed.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: When Facebook goes down it takes big chunks of the internet with it

add to favorites email to friend print save as pdf

Related Stories

Recommended for you

When Facebook goes down it takes big chunks of the internet with it

8 hours ago

Checking social networks is a morning ritual for many, and when that routine is disrupted – as it was recently when Facebook's servers went down – its absence can come as a surprise. But what also becomes apparent is that when the world's most popular social network is inaccessible, so t ...

Facebook adds 'tips' in potential Yelp challenge

Jan 29, 2015

Facebook on Thursday launched a new feature that automatically provides tips about places where members of the social network might be, potentially challenging review websites like Yelp.

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.