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82%  
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  • News Corp to charge for all news websites

    08/05/2009 3:41:42 PM PDT · by upchuck · 33 replies · 949+ views
    Business Spectator ^ | Aug 6, 2009 | Staff reporter
    Media giant News Corporation Ltd intends to charge for all its news websites in a bid to lift revenues, as the transition towards online media permanently changes the advertising landscape. News Corp chairman Rupert Murdoch told analysts in a conference call after News Corp released its full year results that the traditional newspaper business model has to change. "The digital revolution has opened many new and inexpensive methods of distribution," Mr Murdoch said. "But it has not made content free. Accordingly we intend to charge for all our news websites," he said. He said News Corp would use the Wall...