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Print publications are hemorrhaging money while online ad revenue has cooled off. In this new environment, where consumers expect content to be provided for free, news outlets are still struggling to find a working, profitable business model that satisfies customers.
Time Inc., which is owned by our parent company Time Warner, announced on Wednesday that it plans to experiment with hybrid free/subscription models for providing content from some of its properties, including Sports Illustrated, Time Magazine, and Fortune. Free content will still be available, but some content will be made available only to paid subscribers within the next six to eight months.