I don't think it's fair to compare BBC news with that of newspapers. Generally speaking, BBC gives a rough outline of the stories but doesn't provide true indepth analysis a lot of the time.
Newspapers give far more depth to a story and bring in various different sources. Second to this, many times a newspaper article is more enjoyable to read (though this depends on you and the relationship you have with the author more so) whereas the BBC is more clinical and matter-of-factly.
None of these are bad things, but they are different and aim to be.
We must remember the BBC news is not 'free', as it is paid for through our licence.
I for one won't be subscribing to the Times, but that's because it isn't a paper I'd chose to read. Though I do suspect more papers are going to follow suit and perhaps if the Telegraph goes down this root I may cough up if the price is fair.
Didn't Murdoch state, at some point, that his entire empire would be going down this route eventually?