Stances like this probably feel good to write out, but they miss the reality that when running a media business, relying on one revenue stream is dangerous. That’s why newspapers had classified ads, even though they charged a nominal fee to subscribe. People won’t pay $5 a day to subscribe to a newspaper, but the ads subsidize enough of it to make it so that a paid subscription is accessible to more people. On the in…
1. A very small percentage of website visitors will end up paying for a subscription.
2. They make way less than $5 per user per month from ads.
The money they'd lose by providing an ad-free experience to paying customers should be a rounding error. Removing ads will also increase conversion, but who knows whether or not that will be enough to offset the revenue lost.
I don't particularly care about their "business reality" - if you're an online news outlet you're not paying the costs of printing and distribution - your expenses are just journalist salaries and the marginal costs of keeping a website running. If you need to charge anything close to $5 per user per day to keep such an operation running, you should be out of business.