The Financial Times has stuck to its pay Internet model, and CEO John Ridding is boasting that the company has been proven correct. “It was pretty lonely out there for a while in paid land,” he said last week. “But it has become pretty clear that advertising alone is not going to sustain online business models. Quality journalism has to be paid for.”
I think he's not only right, but we're going to see a stampede of news sites moving behind walls, especially those with print operations as well.
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