This idiot thinks that free online news is on the way out. No, it's not.
Have you met the internet?
What's weird is that most newspapers tried the same thing back in the 90's, with ignominious results. But now they're going to try to charge again, because, this time, it's different. After all, there is vastly more competition.
And people are used to getting it for free.
And there are tens of thousands of people who will jump in to do it for free.
Good luck with that.
These are the same people who just cannot understand that the internet has made some things so cheap they are nearly free, and there is nothing that can be done about it.
Sell more advertising. Whatever. You're going to have to figure out how to make a living. But this way won't work.