News Corp. Thinks About Starting a Mobile-Device Venture
CNBC and the Financial Times are both reporting that News Corp., publisher of The Wall Street Journal, the New York Post and operator of numerous other media properties including the Fox franchise, is contemplating a digital news venture that would focus on mobile-device subscriptions (on, for example, the iPad).
CNBC says the venture would reconsider how news is distributed by undertaking “an entirely new interactive format” and “would neither be a newspaper nor a web site and it would not be derivative of one of News Corp’s existing papers.”
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