A Hole In Newsday's Pay Wall
Cablevision‘s decision last October to put their Long Island paper Newsday behind a pay wall led to a lot of skeptics raising their eyebrows. After all, most newspapers that have tried charging for their online content have been major news organizations like The Wall Street Journal or The New York Times, or niche publications like entertainment trade mag Variety.
And so far, the prospects have seemed grim: Newsday.com has seen a major dip in traffic, both from month-to-month and compared to last year, which has led to the paper having to issue statements to calm jittery advertisers.
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