Showing posts with label media mogul. Show all posts
Showing posts with label media mogul. Show all posts

Friday, August 21, 2009

Paid Content: The Days of the Internet Free Lunch Are Numbered

SPIEGEL ONLINE INTERNATIONAL: Media billionaire Rupert Murdoch wants to start charging online readers of his newspapers a fee. His decision has launched a fierce debate over the future of the culture of free content on the Internet. It has also posed a difficult question for publishers: How much are we worth to readers?

Rupert Murdoch has no use for computers. The 78-year-old Australian-American media billionaire doesn't like e-mail, he avoids the Internet and he even has trouble using his mobile phone. He doesn't exactly fit the picture of an online messiah.

But in recent weeks, Murdoch startled the publishing world when he uttered a few sentences that were as simple as they were revolutionary, such as: "Quality journalism isn't cheap." That led to his decision to start charging for online use of his many newspapers around the globe in the coming months. If Murdoch has his way, the days of free culture on the Internet will be numbered.

It didn't take much time after the remarks by Murdoch, CEO of News Corporation and owner of hundreds of newspapers and television stations, for the response to start pouring in: publishers the world over agreed. If anyone needed proof that Murdoch is still the mogul of media moguls, this was it.

Murdoch, of all people -- the man biographer Michael Wolff recently complained doesn't even know "what the Internet is." The old man, Wolff added, might be on the verge of bringing about important changes on the Internet, but only "if he can find it."

The aging businessman may indeed know little about the Internet, and no one knows how serious he is about his idea. But one thing is certain: A man like Murdoch is not about to stand on the sidelines while he loses money. He has also struck a nerve in the industry, once again. >>> Isabel Hülsen | Friday, August 21, 2009