Murdoch pulls up the web drawbridge
Rupert Murdoch has announced his “media giant News Corporation Ltd intends to charge for all its news websites in a bid to lift revenues, as the transition towards online media permanently changes the advertising landscape.” News here. Barry Colman will be calling himself a prophet.
“This will be an epic fail,” predicts the hugely influential Daily Pundit blog however. “Murdoch is an old fart, and thinks that simply by waving the old magic wand, he can make the internet generation pay for his product.” Dumb(ass) like a fox the Pundit calls it.