CNN will introduce a “metered” paywall early next month for online readers, part of a broader plan by chairman/CEO Mark Thompson to restructure the news giant into profitability.
The plan was first reported Thursday by the New York Times. A CNN spokesperson declined to comment.
The metered paywall will require frequent users to pay for access after clicking on a set number of articles. The model is common among major news outlets, including the New York Times and the New Yorker.
CNN first hinted at the plan in July, when it said it would be launching a digital subscription service as a part of a restructuring that included the layoffs of some 100 staffers.