Paying for Online Content

While I am an avid reader of blogs, I am also a supporter of print journalism and other media sources. I would hope that newspapers and magazines can co-exist along with the online world of blogging, although at a lesser scale than in the pre-digital world. Recently it was announced that The New York Times would be beginning to charge for some of their online content as of June. Part of the reason blogs and getting the news online is so popular, besides its instantaneous nature and ease of access, is the fact that it is free. I wonder if this decision will actually hurt the newspaper, if online readers turn to other websites to read stories to avoid paying for it. Will this move help newspapers increase revenue, or has news gone the way of music and movies, where people will find a way to avoid having to pay for things they know they can freely access from somewhere else?