[Which we lifted from a commenter at Silicon Alley Insider]
I worked at Time Inc. New Media 12 years ago. Everybody was obsessed with charging for Web content back then.
The problem we found was that Time Inc. really doesn't have that much content that's payment worthy.
Too bad that guy is gone! More details on this to come, surely. Watch Nick Carlson corner a shifty-eyed Time Inc. exec and grill him on this important issue, right here.