If you're looking for the competition's take on the International Herald Tribune's deal with Reuters, at the Wall Street Journal it's headlined as "Reuters Sets Unusual Deal With Newspaper"
I'd like to tell you more but I'm not a subscriber to wsj.com. Indeed I'm not a subscriber to any paid content publisher.
Times Select was a disaster, the main reason being that if it's your dollar that has to pay for content, rather than your employer's, and it's not for information that is crucial to your professional activity or central recreational interest, the chances are you'll never put you hand in your pocket for on-line info.
Pretty basic stuff really and if you don't believe me go and speak with someone aged 30 or under.