Time's Luscombe Weighs In On Murdoch's Pay Wall Plans
David Carr of The New York Times already had his say about Rupert Murdoch’s plans charge for all his newspapers’ and news channels’ content on the Web. Now, Time magazine’s Belinda Luscombe is weighing in as well.
Like Carr, Luscombe is skeptical about Murdoch’s intentions. “Internet experts say that almost everybody who has ever tried charging for content has failed,” she reports. “Murdoch is out of touch, they suggest.”
But, Murdoch’s track record seems to indicate that it’s possible he might follow through: “Murdoch has shown himself more than willing to lose staggering amounts of money and engage in litigation in order to see his vision through or lay siege to his competitors…Plus, with his cable operations showing robust growth, he has a cushion that few of his newspaper competitors possess,” Luscombe said.
And, there’s nothing Murdoch loves more than leading the charge, and profiting from it.
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