New York Times Sees the Light and Opens Up

The New York Times will stop charging for access to parts of its Web site, effective at midnight Tuesday night.

The move comes two years to the day after The Times began the subscription program, TimesSelect, which has charged $49.95 a year, or $7.95 a month, for online access to the work of its columnists and to the newspaper’s archives. TimesSelect has been free to print subscribers to The Times and to some students and educators.

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What changed, The Times said, was that many more readers started coming to the site from search engines and links on other sites instead of coming directly to NYTimes.com. These indirect readers, unable to get access to articles behind the pay wall and less likely to pay subscription fees than the more loyal direct users, were seen as opportunities for more page views and increased advertising revenue.

A nice vindication for the "make money by giving it away" approach, and testimony to the power of the Web 2.0 world, driven as it by search engines and user-generated content. (Via Boing Boing.)