So says the editor of the Financial Times (see: http://www.guardian.co.uk/media/2009/jul/16/financial-times-lionel-barber). 

I respectfully disagree ... the news sites already let that genie out of the bottle ... NOW they're trying to charge for content? It won't work. People will either not read the news from the fee based sites or start frequenting the other free sites more often. I've seen it in my business ... people don't want to pay for information, unless you can convince them that you're adding a ton of value to the content.

Should be interesting to watch, but my bet is on free.