Tollbooth for online news - It’s coming

Backed by former leaders from Court TV and The Wall Street Journal, Journalism Online wants to run the cash register for a digital news smorgasbord. Readers will be able to buy stories from a wide range of participating publishers without having to repeatedly provide their credit card numbers and other personal information at each Web site. The content would be distributed on the Web and electronic reading devices, with each publisher dictating its own terms. As a commission, Journalism Online plans to keep 20 percent of the revenue collected through its system.

This sounds like ASCAP for online news. I think I would be happier paying the tollbooth than having to sign up for a couple dozen news outlets, but I will reserve judgment until I see what the plan really looks like.

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