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Business and Economy

Brower: Paywall Coming Upon Purchase of Vermont Newspapers

PORTLAND, Maine - Portland Press Herald owner Reade Brower says he would require that readers pay for online news, as one of the changes he'll make upon purchase of two Vermont newspapers.

Brower told Vermont Public Radio that it's just common sense. "You know, you have to have some sort of a paywall that makes sense, because, you know, news is your core product. And  if you're giving it away, as some of our competitors continue to do, I just don't understand the monetary model that works.  So that's the simple answer."

Brower and business partner Chip Harris of New Hampshire are buying the financially struggling Rutland Herald and Barre Montpelier Times Argus from the Mitchell family, which has owned the papers for decades.

Terms of the deal have not been disclosed.