Change is coming in currently charges £98.99 a year ($110 in the US) or £8.25 a month ($9.20 to the US) for access to full material, teasing with access to many full or partial stories. It had only been a matter of time before the Financial Times follows The New York Times (NYSE: NYT), which this month closed its TimesSelect premium product, and the Wall Street Journal, from which new owner Rupert Murdoch appears ready to drop the pay wall; the FT.com own article on the topic frames its decision in that context. has 101,000 paid online subscribers.business model. The site will on Monday announce it will allow consumers to read articles or data up to 30 times a month for free, from mid-October.
With this model, Quoted on FT.com itself, the site’s publisher Ien Cheng:is not going the whole hog. The aim is to open up content to be consumed and linked to by more casual readers while retaining the subscription wall for heavy users.