1992 AP Story on UPI's Effort to Sell News by the Story

Here's a Feb. 2, 1992, story by The Associated Press:

WASHINGTON (AP) - United Press International announced Thursday a new service that will sell its news report by the story.

Called UPI-SelectNEWS, the service will allow newspapers, broadcasters, corporations and government agencies to electronically browse through summaries of the agency's major stories and only pay for what they publish or broadcast.

Subscribers will pay a one-time access fee of $25 and then will be able to dial into UPI's computer system around the clock for what the agency said was a nominal per-minute telephone charge.

Prices to newspapers will range from $20 to $125, depending on circulation, for stories of up to 800 words.

In November, the agency introduced UPI-FaxNEWS, a script service via facsimile machine for radio stations. It is also selling its photographs to newspapers on a per-picture basis.

"These new products ... are part of UPI's plan to emerge from Chapter 11 bankruptcy later this year," said UPI President Pieter VanBennekom.