Jonathan Berr writes Monday on DailyFinance about why he believes The Wall Street Journal‘s plan to charge online readers per article is doomed to failure.
“What’s going to happen if the Journal breaks some big merger and acquisition story? Will people shell out 99 cents or so for an article when a free summary is available on MarketWatch, Bloomberg or CNBC? Is the Journal going to start to seek licenses from these other news outlets?
“Robert Thomson, the paper’s editor-in-chief, only offered vague details.”
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