Can Paywalls Save the Industry?

An op-ed by Don Irvine that highlights the success of business and financial publications in paywalls but argues that the reason these publications succeeded in making the contents a premium is that the majority of their subscribers are corporations that don't mind shelling out the money for their content.

So as Irvine posed, non-financial publication will have no such luck with creating paywalls, and that "paywalls are just a temporary solution to generate incremental revenue."

I say, if all news publications enacted paywalls, then people will more likely to start paying for the content if they have no where else to find free online news.