GateHouse CEO: We're not being paid fairly for our content

In an interview with NetNewsCheck, GateHouse Media CEO Michael Reed talked about the new paywalls being implemented by Gatehouse and other newspaper companies requiring readers to pay for some online content:

The industry has finally started to realize on a more mass scale that we’re not being compensated fairly for the content we produce. And the newspaper industry strongly believes that it produces some of the best, if not the best, content in the country. We’re just not being compensated like we should for a lot of the use of the content by other people. So there’s been a united front starting to form that says we need to be compensated for this great and valuable content we produce. It’s not there for other people to use for free for commercial purposes.

Of course, this comes from the same man who has collected lavish bonuses while cutting the staffs of local newspapers like The Carthage Press, Neosho Daily News, and Pittsburg Morning Sun to the bone, guaranteeing a lack of content that people might be willing to pay for online.