Yes, something like that. The Wall Street Journal is an example of an early adopter in paid for content. You get the abstract on Google and the full article on the site when you log in.
In an interview Rupert Murdoch said he didn't really want Google to index his sites as they were getting information for free and the kind of people they brought were not the ones who were prepared to pay for content.
The idea of paid for news is something that newspapers have been banding about for a while, so it is only a matter of time that they will all tend to want to do this. There is less and less money in the printed paper and advertising alone can't bring in the revenue they require for "good quality" articles.
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