Do you think this will succeed?
Three of the most well-known names in old media have teamed up to launch a company that aims to help newspapers and magazines charge subscription fees for online content, it was announced late yesterday.
With print newspapers and magazines dying off and online revenue not growing fast enough to make up for offline losses, both trade and consumer publishers are scrambling for ways to squeeze more revenue from the Internet.
Dubbed Journalism Online LLC, the new venture is being led by Steven Brill, the founder of American Lawyer magazine and Court TV; Gordon Crovitz, a former publisher of The Wall Street Journal; and cable-television veteran Leo Hindery….