Rupert Murdoch: ‘There’s no such thing as a free news story’
News Corp chief Rupert Murdoch tells US regulators that users will pay for news – and aggregation is theft
He is terrified that the net is killing his print titles – like the British newspaper, the Sun (:-) What a loss to the written word that would be, not) by offering free news. He is so convinced that people will happily pay for
trash content that he’s been busy trying to get every one who will listen – including a federal trade commission – to support this idea. Which rather seems to contradict the whole concept of people’s willingness to pay. If that were true, wouldn’t people just happily pay. Surely, he’s not demanding preferential treatment? Isn’t the untrammelled market the perfect mechanism any more? Gosh, you shock and stun me, Mr Murdoch.
I think the “News International threatened by technological change” think qualifies as being “hoist by his own petard” (whatever a petard is.)
For those of you with an interest in ancient history, Murdoch was at the centre of a bitter labour dispute in the 1980s, based on his determination to break the print unions through the use of new computer technology.
Whosoever diggeth a pit, etc….