Wall Street Journal Website to Introduce Micropayments

Authored by Mark Hefflinger on May 11, 2009 - 7:21am.

New York - News Corp. (NYSE: NWS) plans to implement a micropayments system at the website of its Wall Street Journal newspaper, so that users could pay to read occasional individual stories without having to spend over $100 for a year's subscription to the site, the Financial Times reported. "It's a payments system -- once we have your details we will be able to charge you according to what you read, in particular, a high price for specialist material," Journal managing editor Robert Thomson told Reuters.

The micropayments service is slated to launch in the fall.

http://www.reuters.com/article/marketsNews/idUSLA52492520090510

Published in DMW Daily, May 11, 2009

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Comments

Micropayments for video content

Submitted by Grant Crowell (not verified) on May 12, 2009 - 6:24am.

Why not a tiered system based on the type of media? Would people pay more per clip, or subscription, for video-based content? (What, do I have to think of EVERYTHING for you??)