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HOME • MANAGE SUBSCRIPTIONS • MEDIA KIT
Murdoch Ready to Fight Google for Copyright Payment
TheStreet.com, Friday, July 3, 2009, 11:49 AM

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Rupert Murdoch, the 78-year-old News Corp. chairman and CEO seems to be getting more aggressive in his approach to aggregators like Google. "We'll be more outspoken on the issue of payment for copyright material and that goes to every aggregator, whether it be Yahoo or Google or anything," he says. He notes that there "are billions of dollars spent every year in the collection and creation of copyright by organizations. They cannot have that material which they own stolen from them or the business will be destroyed."

Asked if reports are true that he wants to buy The New York Times, Murdoch is blunt. "That's nonsense. I haven't even thought about it. But I would imagine that it would be legally and politically almost impossible."

The CEO also says advertising at The Wall Street Journal is better than at other newspapers, but not great. "Certainly we have reduced our costs at The Journal fully as much as we've declined in national advertising."

Read the whole story at TheStreet.com.




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