Free newspapers present a strong appeal to the advertisers and the younger readers than traditional paid-for newspapers. In Taiwan, two press groups are competing for the market of free newspapers. There is little academic research on the role and the content of free newspapers. This study attempts to criticize the market model of free newspaper using the concept of "audience commodity". A content analysis of two MRT free newspapers is conducted. The study finds that the free papers are free of charge but present few news stories. Free newspapers only sell readers to advertisers to make profits.