Archive for May 2009 to charge for content?

May 11, 2009

Recently, Media tycoon Rupert Murdoch announced that within the next year News Corporation-owned newspaper Web sites will begin charging for content (See it at CNN or view a transcript).

“We are now in the midst of an epochal debate over the value of content and it is clear to many newspapers that the current model is malfunctioning,” said Murdoch.

“We have been at the forefront of that debate and you can confidently presume that we are leading the way in finding a model that maximizes revenues in return for our shareholders… The current days of the Internet will soon be over.”

Murdoch’s comments show how little he truly understand the web.