Murdoch admits the plan by News International to start charging for online content is falling behind. The plan was to start charging in June 10 - not a chance.
No surprise really. When they do their hit rate will fall off a cliff. He is talking to other news organisations about doing it together which is the only way will manage it.
Should be interesting to see how Joe Public takes to it. Meanwhile News Corp announced a surge in profit thanks to the TV stations performing well in the US.
The longer the recession the more we sit on our backside and watch TV! No wonder pubs and restaurants are feeling the pain.
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