The parent of the Los Angeles Times and Chicago Tribune unveiled plans Thursday for "metered paywalls" at its newspapers in an effort to boost revenues and connect with readers.<br>
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The strategy announced by Tribune Publishing would allow access to a limited number of articles for free and replace the "premium paywall" used at most of its dailies that locks off some content for paying subscribers.<br>
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Denise Warren, executive vice president for digital, told a conference call that early next year the group would "switch to a metered approach at all our properties." The group also includes the Baltimore Sun, Orlando Sentinel and several niche publications.<br>
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The parent of the Los Angeles Times and Chicago Tribune unveiled plans for "metered paywalls" at its newspapers in an effort to boost revenues and connect with readers ©Frederic J. Brown (AFP/File)<br>
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"We have a sizeable opportunity to grow our digital subscriber base," she said.<br>
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Details were not disclosed for the metered system, which would be similar to one used by The New York Times and other newspapers.<br>
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The company, which was split off the Tribune Co. conglomerate in a break from its television and other assets, reported a third quarter loss of $3.4 million as revenues held steady at $404 million.<br>
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The group has been struggling for direction since the split, amid speculation that it could sell off its prized Los Angeles daily or sunflower hospital nagpur - https://www.sunflowershospitals.com put the entire group up for sale.<br>
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The company, which earlier this year bought the San Diego Union-Tribune, confirmed Thursday it had offered a $3 million loan to the parent of the Orange County Register newspaper which could be used in a bid for its assets.<br>
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Such a sale could give the group a strong if not dominant position in the southern California region.<br>
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The company also said its buyout program aiming to cut the staffs at its newspapers had achieved "internal targets" without elaborating.<br>
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Some reports said 15 percent of the newsroom staff at the Los Angeles - http://Wideinfo.org/?s=Angeles Times had taken buyout packages.
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