Paid Online News Venture Fails To Get Subscribers
Ian Lamont writes “The idea of migrating people from free online news content to paid subscriptions has been dealt a blow. A venture meant to fill the void left by the print Rocky Mountain Times has attracted 3,000 subscribers — just 6% of its original goal of reaching 50,000 paid subscribers by Thursday. InDenverTimes.com is currently free, but the plan was to have gated premium content starting next month for a /month subscription. The project has entrepreneurial backing and articles from journalists who used to work for the print-focused Rocky Mountain News, which closed last month. However, a lack of paying subscribers and low online ad rates means that the venture might have to scale back its ambitions.”
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