100,000 subscribe to 'The Times' online edition
THE parent company of 'The Times' and "Sunday Times" newspapers said yesterday that they had secured more than 100,000 sales from people who have paid to access the paper digitally since they began charging for access online.
News International said that it has had sales of 105,000 since the papers went behind a "pay wall" in July.
In addition, the company said that about 100,000 people, who already subscribe to the print edition of the papers, had activated their online accounts. Print subscribers access the websites for free.
About half of the 105,000 sales included monthly subscriptions. Users are charged either €1.50 for 24 hours access or €1.50 for a month's trial. After the trial period users are charged €3 per week.
News International did not give a revenue figure yesterday but analyst's estimated that the 105,000 sales translated to about £5.5m (€6.3m) per year in gross revenue.