07 May 2009

If You Want Access to the Latest Online Faux News

... you'll have to pay for it.
Rupert Murdoch expects to start charging for access to News Corporation's newspaper websites within a year as he strives to fix a "malfunctioning" business model.

Encouraged by booming online subscription revenues at the Wall Street Journal, the billionaire media mogul last night said that papers were going through an "epochal" debate over whether to charge. "That it is possible to charge for content on the web is obvious from the Wall Street Journal's experience," he said.

Yea, well we're not all Wall Street types. But keep up with the program, Mr. Murdoch. Your beloved market will decide your company's fate.

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