Newsonomics: CEO Mark Thompson on Offering More and More New York Times (and Charging More for It)

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There’s friction. And then there’s stupid friction.

Everyone in the subscription business decries friction, putting too many steps between the would-be buyer and the buy itself. Enter your credit card number; type in your address; pick a username and password; sorry, your password must have at least 3 uppercase characters, 2 lowercase characters, a number greater than 6, and any two of %, &, and #. Too many words, pages, clicks.

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