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08:07

Media Release: News Corp invests in newspaper paywall business Journalism Online

News Corporation has announced an investment in Journalism Online, the company founded last year by former US newspaper executives Steve Brill, Gordon Crovitz and Leo Hindery to help newspapers charge for their websites.

“We’re especially pleased with this investment because News Corp. is the industry leader in making the case that there is value in journalism online for which readers will be willing to pay,” says Crovitz in the release.

Journalism Online says its Press+ system will offer newspapers and publishers a range of paywall options from metered access, such as that used by the Financial Times’ website, and give users a common login across the sites it serves.

In September, Nieman Journalism Lab reported that Journalism Online would take 20 per cent of subscription revenue after credit card fees. The move by News Corp underlines its commitment to charging for content online, as shown by new paywalls for the Times and Sunday Times websites.

In the same release, News Corp also announced that it is buying Skiff, the e-reading platform developed by Hearst Corporation.

Full release at this link…

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