As print newspapers face fierce competition from digital media, the concept of charging readers for online content has been a hot topic of debate. However, with news this week that The Times has lost two thirds of its online audience since erecting a pay wall in early July, this might not be the digital silver lining newspaper moguls were hoping for.
In fact, online readership of The Times had been predicted to drop by as much as 90 per cent and The Guardian is claiming that this figure is nearer the mark when the massive decline in web traffic is over the last three weeks is taken into account. Readership is expected to fall further once the Murdoch-owned paper…