Bubblegum generation: Why NYT Select is wrong move

Umair Haque posts on why NYT’s charging for columnists etc is NOT a good move.
Basic premise–co opt key bloggers and do other things to ADD value, then charge for that–
“There are many innovative ways for the NYT to capture more value from it’s content. But I think they all flow from the very, very basic understanding that it’s goods are networked goods, they realize network FX, and micromedia (blogs, podcasts, etc) aren’t substitutes for the NYT’s content, they’re complements – the source the aforementioned network FX – and this complementarity is how new value is created.”
Nice point.