Politico Pro

Capital N.Y. Is Rolling Out a Nearly $6,000 Annual Paywall

Four months ago, Allbritton Communications bought the three-year-old media and politics site Capital New York with the aim of transforming media in the Empire State the way the company’s Politico, with its breakneck, must-read reporting on the Beltway, did for Washington, D.C.

Politico’s Allbritton Buys Capital New York

The subscription approach to news is getting a significant boost, with Politico owner Robert Allbritton buying Capital New York with an eye on applying Politico’s business model to the online news site.

Tightening on the Beltway

Two years ago, while other markets were slashing staffs and closing papers, Washington, D.C., media players were swelling their ranks. Bloomberg LP hired aggressively to build its expensive subscription news and data service, Bloomberg Government, and paid $990 million for BNA, a legal, tax, regulatory and environmental news and info service to bolster it.

Politico Is Making Money With Subscriptions

In an era where it has been difficult to get anyone to pay for quality reporting, Politico is finding ways to make some cash.