New paywall policy at redding.com?

That seems to be the gist of what I’m reading in a letter from Publisher Shanna Cannon. Unless I understand the term “paywall” wrong. The memo doesn’t use the term. But if I read this correctly, after May 14 only subscribers will get access to full content at redding.com. And perhaps more significant, at least to me, only subscribers will have the privilege of commenting online. With any luck, this will moderate the often irrational content somewhat. One can hope.
Click on the image (twice) expand to a more readable size:

I generally regard this as good news. We’ll see. It makes sense that a newspaper needs a consistent source of income to continue to provide the in-depth reporting our community deserves. So I wish them well with this new model.