The New York Times Co. on Monday said that, starting in September, access to Op-Ed and certain of its top news columnists on the paper's NYTimes.com Web site will only be available through a fee of $49.95 a year. The service, known as TimesSelect, will also allow access to The Times's online archives, early access to select articles on the site, and other features. Home-delivery subscribers will automatically receive the service, the NYT said.
Sounds like a mistake to me. The archive access part is nice. And including print subscribers automatically is a good idea too.
But look at the stuff they're walling off to entice people to cough up $50: opinion and early access to news. More and more of both are available for free all over the web these days. Would you rather pay $50 to read Krugman and Dowd? Or find alternatives for free?
Hey, the online market is chaotic enough I can't definitively rule this out as working. But if I had to place a bet, I'd bet against it. It's trying to market something too many other people do as well or better. I think ego is racing ahead of common sense here.
UPDATE:
Todd, at Reasonable Prudence, has a similar assessment, and hits upon a potential downside:
I think that most people will just learn to wait or, even worse for the Times, stop caring what its op-ed contributors have to say.
This could have an unintended effect of taking Times columnists out of the general conversation on the matters of the day.
