02/24/2012 03:09 pm ET Updated Apr 25, 2012

Los Angeles Times Introduces Pay Wall, Calls It 'New Membership Program'

The Los Angeles Times will begin charging readers for access to its online news, joining a growing roster of major news organizations looking for a way to offset declines in revenue.

Starting March 5, online readers will be asked to buy a digital subscription at an initial rate of 99 cents for four weeks. Readers who do not subscribe will be able to read 15 stories in a 30-day period for free.

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