NEWS Corporation chairman Rupert Murdoch has given his strongest indication yet that the company’s newspapers will charge for their online content within a year.
And then this.
Mr Murdoch added that that if News Corp were successful with plans to charge for online journalism, “we will be followed by other media.”
How many news sites do bloggers link to? How many news sites does the average surfer visit? Imagine if we had to pay for every one of them. Let alone even if we did, how much of the said blogger’s audience would have paid for that particular newspaper’s site, too?
But yet this.
But the company believes the worst is over, predicting its adjusted operating profit for the 2009/10 financial year will increase by a “high single-digit” percentage.
The publisher of The Wall Street Journal, The Australian and Dow Jones Newswires posted a loss of $US203 million ($241m), or US8 cents a share, for the quarter, compared with earnings of $US1.1 billion, or US43c a share, a year ago.
So financial crisis aside, which screwed everyone, and when News Ltd was still providing a ‘free’ online news service, Rupert made 1.1 BILLION dollars… and yet he still wants to charge us! And when many of us work for free for his blogs!
I smell a rat, a rat so big Left-wing bloggers should be concerned, too.
If Murdoch wants to bury his own ‘newspapers’, fine. Actually… no, because it will bury a Golden Era where the public was no longer restricted to but a few news sources but could freely roam the globe thanks to the WWW and see this perspective up against that perspective in ways past generations could only have dreamed of.
And now Murdoch (if his business model is successful and other outlets follow suit [even though other outlets have FAILED already trying so]) wants to ruin that, which will ruin the blogosphere, and most likely, seriously hurt his business.
Mr Murdoch’s comments came as News Corp reported US$680 million in writedowns and other one-off charges largely related to the company’s social networking site, MySpace.
So get rid of MySpace. Facebook kicks its arse anyway.
But please Mr Murdoch, don’t get rid of the best thing to happen to news since the printing press was invented.
More at Bolt’s perhaps-soon-to-be-deserted palace.
His soon-to-be tomb?
If Murdoch is successful at this, other media outlets will follow suit. And that’ll be the end of blogging, both Left and Right wing.
No more discussion. No more debate. No more alternative viewpoints. The end.