A top executive at Hearst, which publishes 16 newspapers including the Houston Chronicle and Seattle Post-Intelligencer, said the company is mulling how much of its online offerings to keep free, while reserving some content exclusively for people who pay. [Click for MORE]
Newspapers need to band together for a joint online subscription service.
Digital readers would pay a monthly fee -- let's say $10 -- and in return they'd have full access to the likes of the New York Times, the Washington Post, the L.A. Times and any other paper that wants to be part of the consortium (the more the merrier).
I'll leave it to the lawyers as to whether this would require an antitrust exemption from the government. [Click for MORE]