CNN launches paywall, to charge $3.99 a month for some users

investing.com 01/10/2024 - 15:07 PM

CNN Introduces Paywall for Digital Content

(Reuters) – CNN has rolled out a paywall, asking users to pay $3.99 a month for access to its content, as reported on Tuesday. This initiative aims to generate a digital revenue stream.

The move aligns with trends seen in other publications, such as the New York Times, which have successfully implemented subscription models to increase their subscriber base.

With decreasing cable television viewership and revenue, news organizations, including CNN, are turning to digital avenues to offset the decline in their traditional TV revenue.

“Starting today, we ask users in the United States to pay a small recurring fee for unlimited access to CNN.com’s world-class articles,” said Alex MacCallum, CNN’s executive vice president of digital products and services.

This subscription initiative coincides with CNN CEO Mark Thompson’s vision to transform the organization from a television-centric model to a multi-platform news entity by enhancing its digital presence.

Subscribers will gain access to CNN’s articles, original documentaries, exclusive election features, a daily curated news selection, and experience fewer ads. The subscription model will activate after users exceed a set limit of free articles per month, MacCallum noted.

The paid subscription is currently in its early stages and will evolve to better meet users’ needs over time, CNN stated.




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