New York Times makes mobile news payable

The newspaper New York Times no longer believes in the “free news” model for their mobile content.  After seeing their publicity income decrease with 27%, they’ve been looking for ways to make money with their online and mobile initiatives, but they now have come to the conclusion that mobile devices aren’t suitable to show advertising.  So they’re now considering to have readers pay for their content.

Question is whether iPhone and other smartphone users are prepared to pay for news articles, especially if there are free alternatives available.  Besides, there are other options to capitalize on the mobile.

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