The New York Times (NYT) plans to charge less than $20 a month for access to an online edition of the newspaper, Bloomberg News reported, citing an unidentified source.

That means online subscriptions will come to less than the $19.99 per month that the Times charges for electronic subscriptions on Amazon.com's (AMZN) Kindle e-reader, Bloomberg says. Online subscriptions also will cost far less than print subscriptions, which come to about $50 a month.

Online readers have been waiting for price information since last year, when the Times said it would start charging frequent online readers -- who aren't already subscribers -- sometime during the first quarter of this year. The idea is that a limited number of articles would be free, but those readers who want more would have to pay a fee.

The move comes after The Wall Street Journal and The Times of London both started charging for online content last year.


Increase your money and finance knowledge from home

Intro to different retirement accounts

What does it mean to have a 401(k)? IRA?

View Course »

Intro to Retirement

Get started early planning for your long term future.

View Course »

Add a Comment

*0 / 3000 Character Maximum