New venture aims to introduce fees for online news
(AP) -- A new service being developed by three media veterans will try to save beleaguered newspaper and magazine publishers by charging for their Internet content.
The new venture, called Journalism Online, plans to begin its push this fall.
It could be the first major test of Web surfers' willingness to pay for material that has been given away for more than a decade. The abundance of free material on the Internet is one reason many newspapers say they are struggling.
Journalism Online is the brainchild of Court TV founder Steve Brill, former Wall Street Journal publisher Gordon Crovitz and former cable television executive Leo Hindery.
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