In an attempt to ostensibly save the news industry, Facebook will be launching a subscription-based news service in October. The master plan will pave the way for content publishers to create a paywall on Facebook for access to their content. Some suspect it to be no different from the New York Times subscription model that typically offers free access up to 10 articles a month. The New York Times has been somewhat successful with its paid subscription service because it is the New York Times, and there is only one of a kind like it, whether one likes how they write or not. The New York Times has a dedicated base of readers that would pay for accessing its service much like Apple addicts.

Source: Huffington Post July 20, 2017 04:07 UTC