Recently, New York Times (NYT.com) launched its TimesSelect program in an effort to boost revenues by charging users for some content that was formerly free (especially access to favorite Op-Ed columnists such as Maureen Dowd, Thomas L. Friedman, Bob Herbert, Paul Krugman and more).
However, bloggers (who have often promoted and rallied behind these Op-Eds) have quickly taken to posting links to either full versions of these articles (which apparently sometimes appear on other news sites due to their business arrangement with the NYT) or actually cut and paste the full article on their blog.
In fact, since going live with TimesSelect, the names of most of the various NYT Op-Ed authors have appeared on the front page of Technorati as "Top Searches This Hour". A quick follow-through of these links makes it easy for one who is so inclined to read these pieces for free, and effectively side-step one of the big selling points of TimesSelect.
Beyond this, the majority of the reactions I've read in the Blogosphere have been negative (no suprise really). For example, One blogger said:
"If anything, I think that this is an understatement. Maybe TimesSelect is a solid business model - but everyone I know who reads the NYT online is extremely cheesed, me included."
It remains to be seen how this attempt to monetize formerly free content will play out. Jay Rosen has his theories and PaidContent.org interviewed Scott Heekin-Cenedy (President & GM, The New York Times) who told them:
"This is a new product in many respects, a bundling of very significant value...our research very strongly supports willingness to pay far beyond what we're charging. ... This is very much grounded in our brand strategy and our brand research."
With such a massive sea of free content available on the web, and with bloggers making it easy to continue read some of the content that NYT has hoped will attract subscribers to TimesSelect, it will be interesting to see how this plays out.
Certainly the NYT deliberated for a long time on this move and determined that even if they lose some readers due to this move, that if they are able to convert enough users to paid subscribers, this will be a winning situation for them and help them better monetize their content. However, no matter how much advance-deliberation is given, or research done, these types of experiments can only really be proved as successes or failures once they are in the market and users vote with their eyes and wallets.
