Speaking during the "Cannes Debate" session at this morning's Lions festival, News Copr.'s James Murdoch said that the company does not view tablet computers as "the Web in your hand." Instead, he
said News Corp.'s view is that it is "an incredibly new new stock" for newspaper publishers.
Noting that it both cheaper for publishers and a better experience for readers, Murdoch asserted
that tablet computers are leading to a "revolution in storytelling in people's hands."
Asked by moderator, WPP chief Martin Sorrell, how that revolution is going for News Corp.'s newspapers,
Murdoch said that nearly half of The Times Of London's subscribers are digital, while The Wall Street Journal currently has more than 1 million digital subscribers.