Some readers’ eyes may now start to water when they cut a few layers in to The Onion’s website.
“America’s finest news source” has begun requiring a $2.95 monthly or $29.95 annual charge from non-U.S. visitors who want to read more than about five stories within 30 days.
It’s a meter powered by RR Donnelley’s Press+ billing system, and the latest example of the model in use by NYTimes.com (NYSE: NYT) and others.
It appears the non-U.S. test could preface potential domestic adoption.
NYT’s recent subscriber disclosure and financial results prompted some observers to do an about-turn on their earlier assessments that the paper’s charging model would never work.
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In a premonition of today’s news, The Onion in March ran this…
March 28, 2011
NEW YORK-In a move that media executives, economic forecasters, and business analysts alike are calling “extremely bold,” NYTimes.com put into place a groundbreaking new business model today in which the news website will charge people money to consume the goods and services it provides. “The whole idea of an American business trying to make a profit off of a product its hired professionals create on a daily basis is a truly brave and intrepid strategy,” said media analyst Steve Messner, adding that NYTimes.com’s extremely risky new approach to commerce-wherein legal tender must be exchanged in order to receive a desired service-could drastically reduce the publication’s readership….