Will it bring down the venerable institution, or help bolster revenue?

It will be interesting to see what happens with the introduction of a paywall to the online version of popular UK newspaper The Times. Will it bring down the venerable institution, or help bolster revenue?

Pocket Lint reports:

The Times, one of the UK’s largest and oldest newspapers, has raised its paywall on Friday; shutting out anyone who isn’t willing to pay and bringing with it the dawn of, what could be, a very different online experience.

From 2 July 2010, visitors to the site will be prompted to pay £1 for the first 30 days of access and then £2 a week thereafter. Users will also be able to opt for a 24-hour pass for £1 as well.

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