Taking the plunge

6 August 2009 By Una Galani Follow @ugalani

The media mogul vows to do what most of his rivals dream of charge for all online news content. The flagging industry needs a powerful player to move first, but it is a tricky endeavour. Readers will still have plenty of alternative free and easy sources for nonniche news.

This content is for Subscribers only

Context News

Rupert Murdoch's News Corporation said that it would charge for access to its news websites by the middle of 2010 as the media conglomerate revealed a fourth quarter net loss of $203m.

"Quality journalism is not cheap. 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. If we are successful, we'll be followed by all media, Murdoch said.

News Corp became a minority investor in breakingviews.com following its acquisition of Dow Jones.

Email a friend

Please complete the form below.

Required fields *