Well it looks like Rupert Murdoch didn’t get Chris Anderson’s memo about everything on the Internet being free.
Word is that the News Corp chairman told analysts in a earnings conference call that while the newspaper industry has to change to keep up with the time it doesn’t mean that everything will be free – especially his newspapers.
“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 Street Journal‘s online vehicle as a model.
“The extended downturn has only increased the drumbeat for change,” he said, arguing that classified advertising for online news would never reach the levels once offered by print.
“Quality journalism is not cheap, and an industry that gives away its content, is simply cannibalising its ability to produce good reporting,” Mr Murdoch said.
Source: Business Spectator :: News Corp to charge for all news websites
Time to get the comfy chair and popcorn ready because the blogosphere is sure to get going full force pontificating over this news.