OhhhhhhhhhhShit, hahahahahahahaha Fair and Balanced
Murdoch: We will charge for all news sitesSource: Market Watch Aug 5, 2009, 5:45 p.m. EST
Chairman Rupert Murdoch said Wednesday that the company intends to charge for all of its news Web sites. "Quality journalism is not cheap, and an industry that gives away its content is simply cannibalizing its ability to produce good reporting," Murdoch said. LinkHere
Chairman Rupert Murdoch said Wednesday that the company intends to charge for all of its news Web sites. "Quality journalism is not cheap, and an industry that gives away its content is simply cannibalizing its ability to produce good reporting," Murdoch said. LinkHere
Rupert Murdoch plans charge for all news websites by next summer
Times and Sun readers to pay as loss-making Murdoch declares end to free-for-all LinkHere
News Corp records £2bn loss
Source: The Guardian
Rupert Murdoch's global media empire, News Corporation, slumped to a $3.4bn (£2bn) net loss for the 12 months to June as a combination of plunging advertising revenue, impairment charges and online losses contributed to the company's worst year in recent memory.
The group suffered hefty accounting charges related to a drop in the value of its assets. After stripping out these one-off items, its full-year operating profit dropped by 32% to $3.6bn, with growth in revenue at the group's cable television networks failing to make up for a slump in income from films, newspapers, books, magazines and online offerings.
Murdoch said: "The past year has been the most difficult in recent history, and our 2009 financial performance clearly reflects the weak economic environment that we confronted throughout the year."
Read more: http://www.guardian.co.uk/business/2009/aug/05/news-cor...
Rupert Murdoch's global media empire, News Corporation, slumped to a $3.4bn (£2bn) net loss for the 12 months to June as a combination of plunging advertising revenue, impairment charges and online losses contributed to the company's worst year in recent memory.
The group suffered hefty accounting charges related to a drop in the value of its assets. After stripping out these one-off items, its full-year operating profit dropped by 32% to $3.6bn, with growth in revenue at the group's cable television networks failing to make up for a slump in income from films, newspapers, books, magazines and online offerings.
Murdoch said: "The past year has been the most difficult in recent history, and our 2009 financial performance clearly reflects the weak economic environment that we confronted throughout the year."
Read more: http://www.guardian.co.uk/business/2009/aug/05/news-cor...
posted by Kangaroo Brisbane Australia at 6:08 AM
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