However, they have GOT to make money out of it. Owners News International nailed their colours to the mast when Rupert Murdoch declared he was going to make his websites pay.
Punters will soon have to shell out to read the times online. In many ways I wish him luck. He has huge power in the media and it would be ironic that the man I opposed as a young journalist should turn out to be the saviour of reporting - but sadly I doubt it.
For a start News International simply has too much competition. I downloaded the
The Times is relying on its highly paid columnists to attract paying customers and what it would refer to as higher quality news coverage. That's a big ask.
Younger readers especially are conditioned now to getting their news for free. The whole industry needs a rethink.. There will always be a demand for material written by good journalists. They need to brainstorm a whole new way of making it pay.
The biggest strength national newspapers, and local ones for that matter, have is their brand. Times, Mail, Echo, Gazette, Post, etc. But time is running out on these brands. As people get older and starting dropping off that powers wanes. Readerships are literally dying and publishers need to act fast to retain the brand value in a whole new way.
Personally I would make local papers virtually free (say 5p a copy) to bag more quality advertising and run the web and hard copies in unison rather than the half way house situation that exists at the moment.