Sunday 31 May 2009

Video: Rupert Murdoch on why papers must charge users for their content on web

Rupert Murdoch tells interviewer on Fox Business: "You are going to have to pay for your favourite newspaper on the web."
The News Corp ceo says newspapers will still be around in 10 years but the free for all on the web "will have to stop..newspapers will start selling subscriptions."
He says some US newspapers have got into trouble because of their "ridiculous" debt levels but others will buy bankrupt titles from the banks.
Murdoch adds News Corp newspapers would never take Government subsidies because it would compromise their freedom to criticise.
Story via the Newspaper Project

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