Five Bucks a Month for New York Times Online? Yeah, Right.

Lot’s of people are talking about a New York Time’s survey asking if folks would pay $5/month for full online access to the “paper.”

Gawker thinks its a great and necessary idea while Business Insider says they should charge more.

They’re both wrong.  Here’s why:

1) If the NYT erects a pay wall bloggers will be far less likely to link to them and their own readers will be less likely to share links. This is the life-blood on the online world and without it no site can survive.

2) There is FAR too little original content to convince readers to pay the New York Times for news that is widely reported by, well, everyone else.  Unless every single news reporting site agreed to similar pay walls (not gonna happen) the New York Times simple places itself in a barren desert with nary a reader in sight.

There are more minor reasons this would fail, but those are the big two.

Oh, and in response to Business Insiders comment that:

Kindle pricing also forces the question: If Times stories without video, without interactivity, without color — and without all the other stuff at nytimes.com — are worth $14 a month on the Kindle, why in the world is the web site only worth $5?

Except, how many Kindle owners are actually subscribing to the NYT via their Kindle?  Even if a good number are doing so, Kindle owners are by definition affluent and so what’s another few bucks.

My 15 Seconds – Quoted Front Page NYT Business Section!

Well, it isn’t everyday I get quoted in the New York Times so that makes today pretty cool.  In an article exploring the rise of the netbook and the “trend” of cutting expensive cable for free/cheap online alternatives I am the lead voice!

SAN FRANCISCO — The global credit crisis may have caused the decline in consumer and business spending that is assaulting the giants of high tech. But as the dominant technology companies try to emerge from this slump, they may find themselves blaming people like David Title just as much as they blame Wall Street.

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Mr. Title, a 35-year-old new-media manager at a film production company in New York, has dropped his cable subscription and moved to watching most of his television online — free. While shopping for a new laptop for his girlfriend recently, he sidestepped more expensive full-featured computers and picked a bare-bones, $200 Asus EeePC laptop, also known as a netbook.

“We’ve reached one of those moments in tech history when there are low-priced and free alternatives that are both user-friendly and reliable enough to make the switch,” Mr. Title said. “Then there’s the extra bonus of saving some cash.”

You can read the whole thing here.

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