NY Times begins charging for website

Associated Press

NEW YORK

The New York Times began charging Monday for full access to its website and mobile services.

The third-largest U.S. newspaper is charging $15 every four weeks, or $195 a year, to read more than 20 articles a month on its website. That fee also covers a subscription on the newspaper’s software for smartphones. The new fees kicked in about 2 p.m.

Readers who want unlimited access on the website and the Times’ software for Apple Inc.’s iPad tablet computer have to pay $20 every four weeks, or $260 annually. A digital subscription covering the website and both mobile options costs $35 every four weeks, or $455 annually.

The New York Times Co. is charging for digital access because online advertising revenue hasn’t grown fast enough to offset losses in print ads.

Print subscribers will keep free online access.