Excellent story by Russell Adams in the Wall Street Journal asks whether paywalls are successful. He points out that most newspapers aren't showing huge numbers of new digital subscribers, but correctly observes that isn't the point. Retaining print readers is.
Adams says, "Executives say these efforts are less about adding digital subscribers than they are about eliminating readers' incentive to ditch their print subscription for free alternatives online." He then points to cable TV that are opening online operations to paid cable subscribers.
It's an excellent refuting of the argument that low numbers of digital-only subscriptions indicates that they're a failure. It is convergence, folks.
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