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Murdoch announces intention to charge for content
Jake Widman
Friday, 07 August 2009 01:39
Page 1 of 2
News Corp head Rupert Murdoch says his company will lead the way in charging for access to online news. Murdoch told the Financial Times , "We intend to charge for all our news websites."
He further predicted that "if we're successful, we'll be followed by all media."
News Corp's CEO Chase Carey told the newspaper that the policy would apply to online TV as well.
The change in policy comes as News Corp reported the financial results of a very bad year.
Revenue for the quarter that ended June 30 was down 11%.
For more on Murdoch and money, see Page 2.
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