Murdoch: Web sites to charge for content
(CNN) — Media tycoon Rupert Murdoch expects News Corporation-owned newspaper Web sites to start charging users for access within a year in a move which analysts say could radically shake-up the culture of freely available content.
Speaking on a conference call as News Corporation announced a 47 percent slide in quarterly profits to $755 million, Murdoch said the current free access business model favored by most content providers was flawed.
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Charging for online content may be a lifeline for publishers
IT IS GOING to be like stuffing toothpaste back in the tube, says Jack Matthews, the head of Fairfax Media’s digital business unit.
But as media watchers and analysts digest Rupert Murdoch’s latest push to start charging readers for access to newspapers online, some say making it work may be a matter of survival for publishers challenged by an advertising recession and the shift of eyeballs and dollars to the internet.
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