The First Post: Murdoch’s ‘radical rethink’ for online news; announces $3.4bn loss

News Corp CEO Rupert Murdoch announced yesterday that within a year the Times, the Sun, and the New York Post will all be charging for access to their websites.

“”Quality journalism is not cheap, and an industry that gives away its content is simply cannibalising its ability to produce good journalism,” he said yesterday as he announced a $3.4bn loss for News Corp, which owns 20th Century Fox, Fox News and Sky TV as well as newspapers.”

Full story at this link…

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  1. Pingback: Pay for online Content !! Says rupert Murdoch : Perth news and events blog

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