I am afraid your pricing is completely detached from reality.
Ars Technica $25/year (no ads)
The Verge $50/year ("Fewer, better ads")
Washington Post $40/year (1st year deal)
New York Times $4/moth (6 month deal)
I have been reading Tom's Hardware for well over a decade but there is NO WAY it is worth $69/year to me.
I agree that paywalls are better than advertising and are a necessary thing for any media site in the coming AI-slop apocalypse, but you need to be realistic in your pricing.
For advertising, the industry needs a major course correction order to restore more trust in that area. Many websites have done the ad doom spiral similarly to doom spirals that some stores will have where in an effort to boost profits, they increase prices above the going rate, and that leads to them losing customers, but not wanting to accept that they made a mistake, they instead look at the remaining customers and how much they buy and adjust prices even higher to remain profitable given a smaller customer base, which leads to even more customers leaving.
In the case of ads, some sites went from basic banner ads and sponsored stories, to invasive video ads that hover over content the user wants to read, and follows as they scroll, as well as using a ton of scripting and content carousels to increase ad revenue in between page loads, as the cost of high CPU usage on smartphones and rapid battery drain as well as wasted screen space. That brought on the advent of ad blockers, and the use got cranked up to 11 when advertisers could run custom scripts thus leading to a flood of malvertising.
Instead of a reversal on those trends, some sites pushed anti-adblocking measures as well as paywalling previously free content. In the case of some news sites, if often started off as a paid premium section of additional content, but then it gradually spread to previously free content.
For Tom's hardware, they have done the script heavy CPU intensive ads that made mobile versions of the site virtually unusable (in-line video ads as well as video banner ads, thus often 2 or more video ads playing at the same time.
While a premium subscription can help offset the need for advertising, such a high price will effectively guarantee only a very small subscriber base, as for news content, they rely heavily on the user having ample disposable income since it is impossible to get a constant stream of premium content that will appeal to every subscriber. At lower prices, e.g., the $15-20 per year range, users are more likely to impulse buy, especially if they see a series of articles that strongly appeal to them, or they have a sudden need for some of the premium tools. Think how some people end up singing up for UPS My Choice Premium, most ignore it, but the moment they need some of those features, when they see $20 for the year, they end up just purchasing a year subscription