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You Will Soon Pay to Access All of Rupert Murdoch's Online Rubbish

Thursday, August 6, 2009

Rupert Murdoch announced plans yesterday to charge for online access to all of News Corp's media properties. Coincidentally, the company posted a $203 million loss for its fourth quarter, down from a profit of $1.1 billion from the same period last year.

Citing high "impairment and operating charges" the company incurred through its ownership of MySpace, News Corp. shareholders lost 8 cents per sh...


Original article from http://feeds.gawker.com/~r/valleywag/full/~3/Iop8uJCNzOw/you-will-soon-pay-to-access-all-of-rupert-murdochs-online-rubbish
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