New York Times to Start Charging for Website Next Year

It's official: the New York Times is going to start charging for its website at the beginning of 2011. The press release just went out. Key details below.

The New York Times announced today that it will be introducing a paid model for NYTimes.com at the beginning of 2011.

The new approach, referred to as the metered model, will offer users free access to a set number of articles per month and then charge users once they exceed that number. This will enable NYTimes.com to create a second revenue stream and preserve its robust advertising business. It will also provide the necessary flexibility to keep an appropriate ratio between free and paid content and stay connected to a search-driven Web.

Through 2010, NYTimes.com will be building a new online infrastructure designed to provide consumers with a frictionless experience across multiple platforms. Once the metered model is implemented, New York Times home delivery print subscribers will continue to have free access to NYTimes.com.