The global financial-news company announced Wednesday the start of a metered paywall that charges users for access to Bloomberg.com and the company’s consumer news apps. New York Times charges readers $15.99 a month for digital access after a yearlong introductory period. The Wall Street Journal costs $36.99 for digital access each month after an introductory period, and the Financial Times charges a $36 monthly fee for basic digital access, both slightly higher than Bloomberg’s least expensive package. Executives at Bloomberg Media are aware that a paywall could affect readership. Mr. Smith said Bloomberg Media is expecting record revenue in 2018 and declined to comment on the division’s profitability.

Source: Wall Street Journal May 02, 2018 18:19 UTC