U.K. Times Web Site Paywall Kills Two-Thirds of Visitor Traffic

The U.K.'s Times is among the vanguard of companies erecting paywalls around the Web sites of old-world news publications. It's a bold move. Now some early stats are out to reveal how poorly it's working.

The figures popped up on Beehive City, sourced at a former Times media correspondent, which adds a little credence to the data. And though the data is sparse, it's telling. Here are the headline numbers.

Registrations from readers during the free trial window: 150,000Paying subscribers...