Rupert Murdoch says that newspapers will have to start charging for their online services to survive. as he predicted the recession will continue for several years. Speaking at The Cable Show, Murdoch said free content online is damaging the newspaper industry.
He said: "Nobody is making money with free content on the web, except search. People are used to reading everything on the net for free and that's going to have to change."
He also predicted that the recession will last several years.
He also predicted that the recession will last several years.
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