The New York Times announced today that it will be discontinuing its Times Select service as of this evening. For those of you who don’t read America’s best newspaper (which, unlike the Wall Street Journal, isn’t run by a neoconservative cabal), the NYT started Times Select a few years back to try to capitalize on some of their most exclusive content. In addition to restricting the archives, the NYT also restricted some of the best columnists you can find online or off. The likes of economics professor Paul Krugman, author Thomas Friedman, law school professor Stanley Fish or socialite Maureen Dowd were for paying customers only.
No doubt Times Select was worth it (or at least 227,000 paid subscribers thought so). However, the $10 million they made off the service annually obviously wasn’t worth the effort. Not only would advertising pay more, but making their Times Select content available for free (again) would better serve the New York Times brand. As an avid reader of the NYT (who started reading America’s second-best paper, The Washington Post for opinions and editorials when Times Select first came out), I am quite excited at the development. I won’t knock the Post — unlike USA Today it has a readership beyond America’s hotel rooms, but it’s still not the NYT. And no matter what people say about the democratization of social media as they participate in the great blogosphere (how I loathe that word) circle jerk, the facts are hard to avoid: Good news and commentary are becoming harder and harder to find in the blogging-driven Age of the Gibbering Yard Ape. I for one am glad that the New York Times is once again making their best and brightest available to us all.
September 19, 2007 at 11:42 am
FYI, today’s WSJ also wrote about how WSJ.com online is probably going to go to a free subscription model as well. Right now, list price is $99/year for wsj.com online subscriptions.
But street price is much less if you do some searches. e.g. http://1.wallstreetjournaI.googlepages.com offers WSJ.com for $49/year or $9.95 for 30 days — OR — you can BOTH the print hard copy of the paper delivered + WSJ.com online subscriptino COMBINED for $125 for 1 Year 2 Months (60 weeks).
As a print reader to begin with, the $125 for both subscriptions is a no-brainer.
September 19, 2007 at 12:30 pm
Yet another mediocre paper realizes no one will pay for their slanted version of the news, and goes ad friendly so slashdot might start linking to them again.
September 19, 2007 at 3:29 pm
AM: If by “no one” you mean 227,000 people, and by “news” you mean editorial columnists, then I suppose you’re correct
September 19, 2007 at 6:13 pm
Mr. ANM, where doth the Cubune of Chicago rank in thy wise mind?
January 27, 2008 at 8:53 pm
[...] too long back, as Angry New Mexican noted, the New York Times dumped TimesSelect and opened up things to everyone. After NYT went to TimesSelect, I confess I stopped reading them [...]