Daylife/Reuters Pictures used by permission
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Stung by a collapse in advertising revenue as the recession shredded Fleet Street’s traditional business model, Murdoch has declared that the era of a free-for-all in online news was over.
“Quality journalism is not cheap,” said Murdoch. “The digital revolution has opened many new and inexpensive distribution channels but it has not made content free. We intend to charge for all our news websites.”
What does “quality journalism” have to do with Murdoch’s tabloids?
The Australian-born press and television baron was speaking as his News Corporation holding company slumped to a $3.4 billion net loss for the financial year to June, hit by huge writedowns in the value of its assets, restructuring charges and a dive in commercial revenue…
At present, only the Wall Street Journal charges a fee for online access and until recently, received wisdom in the publishing industry was that readers would not pay to read newspapers on the internet…
He accepted that there could be a need for furious litigation to prevent stories and photographs being copied elsewhere: “We’ll be asserting our copyright at every point…”
The group’s television division, including its Fox stations in the US and Star networks in Asia, saw profits fall from $1.12bn to $174m.
His plan to sue everyone should deliver about as much of a return as it did for the RIAA.
#20, Greg, re: “I would drop two cents for an single “quality journalism” article.”
… after all, they are just giving you their 2 cents worth.
I think he’s been paid or threatened to get conservative news off the air and the net.
This has kind of a mobby, Chicago-y smell to it.
When recordable DvD’s first came out, I “seem” to recall there were two types: one cheap one for data. Then the same disk sold as “media” that had an RIAA tax on it of .30-.50 cents to pay for what was assumed to be OTHERWISE pirated music===made it all legal.
Did I dream that?
How to apply that to “news.” Micro-payments. I would pay near nothing for myself with it aggragating to a supporting revenue stream for the providers.
Who provides “news?” I thought there were only 2-3 sources? AP and what not==almost everyone else simply copy and pastes while putting their own by-line and cat food ads on it? NYT’s et all making in the nature of micro-payments to the AP?
New Model is needed. New, is hard.
Am I the only one who thinks he is looking more and more like the Sith?
There are other options.
#24, No, that’s Joe Biden, saying “join me, and I can save Padme…” just pledge loyalty to the left to get better health care.
of topic
#26
Hey mike what’s your plan to save healthcare ?
Some things to think about.. just a few I could make this a l very long list.
Medical debt is the #1 cause of bankruptcy in the US, we have the highest per person cost of any nation, our nation’s health care costs are rising faster than wages and will make us less competitive in a global market.
Got any better suggestions to fix it than the left has offered up or does this entropy laden status quo system work for you.
The US Health Care system is very sick but it’s a preexisting condition of the system so the GOP ideology will not cover fixing it.
mikeN please tell us what you have in mind?
If you want to read the WSJ just go to Google News and type in the headline of the article that interests you.
They can block Google from showing their stories, but so what? I try to stay caught up with financial, tech, and political news. There is so much stuff that I’m constantly behind on the RSS feedw. Dvorak and Bloomberg are the only information sites I visit directly.
What importance does not reading the occasional WSJ story have in my life? Huh? Good God! Absolutely nothing!
Caveat emptor
ooof he doesn’t look good….some serious implants or organ replacements going on…of course I have been reading too much P K Dick lately ….
anywho “Quality journalism is not cheap,” as he needs to pay those page 2 girls to show boobies
“Quality journalism is not cheap,” said Murdoch.
Well… he should be making tons of profit then.
Murdoch wouldn’t know quality journalism if it hit him in his money grubbing ass. If we need to pay for his propaganda it’s a good thing; fewer people will be reading it.
I only have little ideas, no big reform.
Dump the employer tax exemption, and make it an individual tax exemption for health insurance. No more of having the company look for the option with the least coverage.
Let people opt out of Medicare without losing their Social Security.
Issue vouchers so people on Medicaid and Medicare can get a private insurance plan, and also money back if their costs are lower.
Let doctors provide treatment beyond what Medicare pays for.
Let doctors provide free treatments.
The last two are not allowed unless doctors don’t take Medicare or Medicaid patients.