Rupert Murdoch wants to charge for Fox News Online

Aug 6 2009, 10:09 am
by Derek Thompson

Rightardia comment: What a brilliant idea. Perhaps Rush Limbaugh will follow suit. 

Rupert Murdoch announced plans to charge for all online content of his newspaper and TV empire. The move was made due to declining profits of the Murdoch empire.

This is a bold move to boost revenue from online news, but it may be doomed to fail. Murdoch's News Corp empire spans the globe, including the Wall Street Journal, the New York Post, Fox News and Australian media.

Gawker says the move has "fail written all over it." Andrew Sullivan (who gets a check from Murdoch's News Corp for a Sunday column) gives it more of a chance.

Asking readers to pay for FoxNews.com is like charging $10 for an after-dinner mint. That's not just my liberal commie instincts talking up: It would be true for CNN.com or any site subsisting on the lifeblood of AP wire stories.

If the bulk of your site is expendable, borrowed, or fungible with Google News, there's no reason to pay a dime for it.

See the rest of the story at  http://business.theatlantic.com/2009/08/is_murdochs_plan_to_charge_for_online_news_doomed.php


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