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paywall2 Results from the London Times’s paywall implementation are coming in. For the first part of the implementation, the Times has gone to a registration wall, rather than a paywall—the site is still free to read, but users must register to do so.

According to statistics from Hitwise, the Times’s site lost about 1/3 of its traffic just from users who were unwilling to take the time to register to keep reading for free.

Of course, Rupert Murdoch would probably say those people were all freeloaders, and the site will be better off without the additional load on its servers once the “pay” part of the paywall kicks in. But one wonders whether advertisers will feel the same way. Will the paywall take in enough to offset the loss in revenue?

So, its still early days, but the conclusion so far seems to be this: since it forced users to register in order to view its content, the Times has lost market share. However, this decline has clearly not been catastrophic and none of the paper’s rivals has particularly benefitted. Yet. The real test will come when people actually have to pay rather than simply register to view the Times’ content.

 
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