The beginning is the end for free news on the Web? Let’s hope so
A Wall Street Journal article on News Corp. earnings included this little tidbit:
[News Corp owner Rupert] Murdoch said News Corp. plans to charge reader fees for all its news Web sites, which aside from The Journal include newspapers such as the Australian, U.K. tabloids the Sun and News of the World and the Fox News Channel. Many newspaper executives have said they plan to start charging subscriber fees to read their stories online, though few mass-market papers or news outlets have done so. News Corp. executives offered few details of how they will implement the new business plans.
I approve. I’ve argued for years that the sooner news organizations transition from a dead tree medium to online, the better.
It’s based on the premise (far fetched as most ink-stained wretches seem to find it) the value in a newspaper in reporting, not the paper and ink. The Internet has buggy-whipped the business [...]
Original post by Billy Dennis