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Posted on October 8, 2009 | tags

 
 

Biz: Rupert Murdoch: An old guy who wants to screw over new media?

  • Murdoch, at 78, doesn’t, practically speaking, have the time to see the online world into maturity—nor the intellectual interest to want to be part of the effort. Rather, his strategic effort may more logically be to slow it down.
  • Vanity Fair columnist and Newser co-founder Michael Wolff • Discussing Rupert Murdoch’s stance on online media and forcing consumers to pay for the news. Wolff suggests that Murdoch is old and probably isn’t thinking long-term about the industry at the moment, but short-term at his bank account. Murdoch owns enough of the media industry that people would notice if he started charging for some of it. • source