Wednesday, March 11, 2009

Time CEO talks about charging for online content

Time Inc. CEO Ann Moore tells a British journalist that her company is exploring ways to charge for content at her company's most successful websites. Here's a telling quote: "Who started this rumour that all information should be free and why didn't we challenge this when it first came out? I say this in college classrooms and they start to throw their shoes at me. I say, 'Kids, your food is not free and your cars are not free, your clothes are not free. Good information costs money.'"

I'd bet that within a year, most sites will be doing the same.

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