Rupert Murdoch: The Age of Free Web News is Over


Newspapers hurting? Big yeah. But rather than relying on the Kindle DX, which some hope will be the savior of the newspaper and magazine industry, News Corp. CEO Rupert Murdoch said on Wednesday night that the age of free internet news is over. Apparently subscription revenue is rising at the Wall Street Journal, which led Murdoch to state that he expects to start charging for access to all of News Corp.'s newspaper websites within a year. He said the current business model for web news is "malfunctioning."

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Rupert Murdoch: The Age of Free Web News is Over