Thursday, November 19, 2009

Murdoch Warns That Without eTablets, “Newspapers Will Go Out Of Business”

Old habits die hard. Rupert Murdoch believes that the future of the newspaper business is subscriptions—electronic subscriptions. He’s done with giving away his news for free on the Web and to search engines like Google. Instead thinks that Kindle-like tablet computers can save the media industry. It’s a notion that’s been floated before: an entire newsstand in a color tabletwhich delivers electronic versions of any newspaper or magazine you want for a monthly subscription of $15 to $19 a month.

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