Newsday plans to 'end free Web content'New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of newspaper Newsday plans to start charging users of its website, a top executive of the company which owns the daily said Thursday.
Tom Rutledge, the chief operating officer Chief Operating Officer (COO)
The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Cablevision, which purchased the Long Island-based Newsday from the Tribune Co. for 650 million dollars last year, made the announcement during a conference call with analysts.
"When we purchased Newsday we were aware of the long-term issues facing the traditional newspaper industry," Rutledge said.
"Our goal was, and is, to use our electronic network assets and subscriber relationships to transform the way news is distributed," he said.
"We plan to end distribution of free Web content and to make our news gathering capabilities service our customers," Rutledge added.
The Cablevision executive did not provide any further details about the plan to charge users of newsday.com.
Newsday has a print circulation of nearly 400,000 and its website averaged 3.16 million unique visitors A count of how many different people access a Web site. For example, if a user leaves and comes back to the site five times during the measurement period, that person is counted as one unique visitor, but would count as five "user sessions. a month last year according to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. figures compiled by the Nieman Journalism Lab of Harvard University Harvard University, mainly at Cambridge, Mass., including Harvard College, the oldest American college. Harvard College
Harvard College, originally for men, was founded in 1636 with a grant from the General Court of the Massachusetts Bay Colony. .
Newsday.com placed 11th on the Nieman list of the top 15 US newspaper websites in terms of monthly unique visitors.
But only one of the newspapers in the top 15, The Wall Street Journal, charges for content online.
Newsday's announcement comes amid a crisis in the US newspaper industry as print advertising revenue declines and readers go online to get their news for free.
Online advertising gains have not kept pace with the decline in print advertising and newspaper owners have been searching for ways to increase revenue.
A Denver paper, The Rocky Mountain News The Rocky Mountain News is a daily morning tabloid-format newspaper published in Denver, Colorado. It is owned by the E. W. Scripps Company. (Despite Scripps still running the paper, it's the only newspaper in the Scripps family not to have the corporate lighthouse logo on , announced Thursday that it would close on Friday and newspapers in several other large US cities have declared bankruptcy in recent months.