Rupert Murdock: 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 tablet which delivers electronic versions of any newspaper or magazine you want for a monthly subscription of $15 to $19 a month.
It’s got to work, otherwise, he warns from his soapbox, “Newspapers will go out of business. All newspapers.” In an interview on his own Fox Business, he explains his thinking:
Way to go, Murdoch! That black and white way of thinking is what has saved every industry, and I’ll be sure to approach all my problems in that way.
