Something Witty

Entrepreneur of many hats. Lover of all things tasty. Barnard, Columbia grad '11. http://www.linkedin.com/in/lchelak.

twitter.com/larachelak:

    "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."

    (The Australian-born press and television baron was speaking as his News Corporation holding company slumped to a $3.4bn (£2bn) net loss for the financial year to June, hit by huge writedowns in the value of its assets, restructuring charges and a dive in commercial revenue.)

    from: Rupert Murdoch plans charge for all news websites by next summer | Media | The Guardian

    — 2 years ago