Paid Content is a really popular school of belief surfacing over the Internet. According to this belief, search engines should pay websites and news sources to display them as results. The search results which index topics into their database should be asked to pay up for access to them in full.
This model, according to me would pose an epic failure as most of the Internet is based on mutual sharing of information and search engines are there to make things easier. This level of monetization will bring about a sudden surge in overall Internet usage and website traffics. It would also make content harder to find for general users and would ultimate complicate the free-flow of information through the Internet.
This has been experimented with a lot. CNN did it, The Guardian did it and now Washington post is about to. Though, the Washington post, took a step quite different from others. Don Graham, the CEO of Washington Post said on Tuesday that the site will not charge for online content, but will charge users though an iPhone app which will be a paid service.
The Washington post is following the footsteps of The Guardian which sold around 101,457 copies of its iPhone app at $3.99, in ten weeks. This generates a considerable amount of revenue and is far better than other subscription based services, which were experimented by CNN.
The Washington Post will be available for $1.99 for a year of subscription, which is a considerably fair price. This scheme includes offline reading and there are chances on a price hike once the app gets popular.
[Via: paidcontent.org ]