Summary:

FreeEdgar Not so Free Anymore: Edgar Online (Nasdaq: EDGR) is limiting the amount of free information available on its FreeEdgar website. Th…

FreeEdgar Not so Free Anymore: Edgar Online (Nasdaq: EDGR) is limiting the amount of free information available on its FreeEdgar website. The site will basically serve as a teaser for users to subscribe to its more detailed subscription service.

Beginning in August, will be changed to cater primarily to new and casual users of SEC filings, but usage will be limited. For professionals the company offers its flagship Edgarpro desktop service.

The sale of data and license seat-based subscriptions accounted for 62 percent of Edgar Online’s revenue in the first quarter of 2002. The company has over 25,000 paying subscribers including over 5,000 to its flagship Edgarpro service that was launched in June of last year. The company offers a number of subscription services as well as data feeds and APIs for both Edgar data as well as topic searches, institutional holdings and insider trades and basic financial information such as quotes, charting and news services.

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