Future of newspapers is digital: Murdoch

News Corp. chairman Rupert Murdoch says that the future of newspapers is digital, but it may be 10 to 15 years before readers go fully electronic.

Murdoch, in an interview with the News Corp.-owned Fox Business Network, also said that newspapers, faced with eroding print advertising revenue and circulation, are going to have to start charging readers on the Web.

The News Corp. chief said newspapers in the future will continue to make money "from our readers, from our advertisers (but) the newspapers may look very different.

"Instead of an analog paper printed on paper you may get it on a panel which would be mobile, which will receive the whole newspaper over the air, (and) be updated every hour or two," he said.