Five-and-Dime Media: Can Pay-as-You-Read Save Print?

Real Clear Politics’ Cathy Young investigates new business models to save newspapers:

Walter Isaacson, former managing editor of Time, recently got into the fray with a proposal to make web media content available for micropayments similar to iTunes, “a one-click system with a really simple interface.” If you see a link to an interesting article on, say, The San Jose Mercury News website, you don’t have to buy a $20 subscription to the publication – you can pay a nickel or a dime to read the individual item.

A better approach may be to make news and analysis content available only through media portals or carriers, similar to cable television providers. A subscription to a carrier would give access to any news site (newspaper, magazine, blog) that is a part of its package. The subscription price could vary depending on level of consumption: say, $20 a month for 40 hours of media access, $40 for 100 hours, and so on.

Get the full scoop here.