Condé Nast seems to have figured out a workable majority-subscription revenue model. https://www.wsj.com/articles/conde-nast-to-put-all-titles-behind-paywalls-

Condé Nast seems to have figured out a workable majority-subscription revenue model. https://www.wsj.com/articles/conde-nast-to-put-all-titles-behind-paywalls-by-year-end-11548244800 https://www.wsj.com/articles/conde-nast-to-put-all-titles-be... > “The New Yorker, which introduced a metered paywall in late 2014, generated about $115 million in paid-subscription revenue in 2018, up 69% from 2015, people familiar with the matter said. That revenue includes consumers who subscribed to the digital and print editions, although subscribers today no longer have the option of subscribing solely to the print magazine. The New Yorker’s regular renewal price for a print and digital bundle is moving to $149 a year from $119. The magazine will publish 47 issues this year.” Granted, there’s a big difference between publishing 47 issues of long form writing a year, and 365 issues of a much longer daily-reported newspaper. EDIT: not to mention that the Times and other big newspapers probably see themselves as informing the public discourse. It probably wouldn’t fly to put general newspapers behind a paywall, though the FT has greatly increased profitability with this strategy.