Tuesday, 27 April 2010

Murdoch declared that the era of a free-for-all in online news was over.


The billionaire media tycoon Rupert Murdoch bear to see the dignity of his global empire made great economic losses, and timely introduction of yesterday's commitment to shake all the news sites for fees, including the New York Times, the Sun and News Newspaper world, to next summer. By the collapse of an economic downturn hurt advertising revenue with the traditional silk Fleet Street business model, Murdoch announced that the free time for all the news online.
"Quality journalism is not cheap," said Murdoch. "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."

Case:
The Wall Street Journal in the twentieth century began to charge for the website, and only subscription online of the users can open web content. Users more than 600,000 and annual income of 300 million dollars.

Microsoft's online literary magazine Slate charge for the online magazine in 1997, but it cannot get the profit.

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