The Luxury Approach to Newspapers Appears to be Working

WSJSubscriptionPromoIn a December 2012 essay, New Yorker staff writer John Cassidy noted how both the Wall Street Journal and New York Times seemed headed in an elitist digital subscriber direction. This afternoon, he’s back on the same general topic and guess what? It amounts to a “Bit of Good News About Journalism.”

Cassidy reminds that full annual digital subscriptions to these newspapers (once initial promotional rates end) are pricey: $348 for the Wall Street Journal, $455 for the New York Times and $467 for the Financial Times.

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