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Murdoch Foresees End Of Printed Newspapers

  • Ad Age, Friday, April 27, 2012 3 AM

Speaking under questioning at the Leveson inquiry into press misconduct, Rupert Murdoch, CEO and founder of News Corp., said, “The day will come when we can’t afford trucks and huge [printing] presses and we’ll be purely electronic.” He spoke about the proliferation of tablets and mobile devices, and underlined that, "We are spending a lot of money trying to -- and succeeding in -- presenting every word of our newspapers on modern tablets.” News Corp. has taken a stance against giving content away for free. ... The Times of London can be seen in any corner of the world, so maybe there's an opportunity there."

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