According to Rupert Murdoch, in one year’s time, the economy will rebound and allow for the charging of news delivery online; at least, his own brands such as Fox News, The Times, The Sun, etc…
 
Billionaire media mogul Rupert Murdoch gave a strange response when asked about plans for mainstream news websites to charge for content, declaring, “The current days of the internet will soon be over.”

He was making reference to the fact that corporate media websites cannot continue to survive under their current failing business model.

The establishment media is dying and advertising revenue has plummeted as people turn to blogs and the alternative media for their news in an environment of corporate lies and spin.

This has forced sectors of the corporate media to charge the dwindling number of loyal readers they have left for news content, a practice which is set to become widespread according to Murdoch. This will only send more people over to the alternative media as the old organs of de facto state-controlled propaganda wither and die.

“There are encouraging signs in some of our businesses that the days of precipitous declines are done, and things are beginning to look healthier.”
 
“[Wall Stree Journal is experiencing] booming subscription revenues.”

“That it is possible to charge for content on the Web [based on data from our Wall Street Journal Subscriptions Revenue] is obvious.”

The establishment media is dying and advertising revenue has plummeted as people turn to blogs and the alternative media for their news in an environment of corporate lies and spin.

This has forced sectors of the corporate media to charge the dwindling number of loyal readers they have left for news content, a practice which is set to become widespread according to Murdoch. This will only send more people over to the alternative media as the old organs of de facto state-controlled propaganda wither and die.
 
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