The Associated Press board approved major changes in service structure and prices for its member U.S., that will take effect Jan. 1, 2009.
According to AP’s Tom Brettingen, Senior VP for global newspaper markets, U.S. newspapers will have more flexibility in accessing, using and paying for news they use, rather than paying for bulk news feeds.
According to an AP story, most of its member newspapers would pay lower fees or see no changes. While it would reduce AP revenues by $6 on to $7 million less annually, it could help member newspapers in their efforts to reduce costs amidst the advertising downturn.