The Guardian
topics

Earnings
Earnings Call: Tweeting Murdoch: News Corp. Plans To Start Charging For More News Sites In FY10

Some of my live Twitter coverage of the News Corp (NYSE: NWS). FY09/Q4 earnings call. Among other things, News Corp Chairman and CEO Rupert Murdoch said the company plans to start charging for all its news sites and suggested the company will break up with the Kindle:

»  Murdoch: Following ‘tumultuous, unprecedented’ year ‘‘worst may be behind us, no clear signs yet’

»  Murdoch reprise of ‘content isn’t free’ refrain, promises to charge for all news sites with WSJ.com/DJ as model (He said later that the goal is to start in FY10)

»  Murdoch: ‘Industry that gives away its content is cannibalizing ability to do good reporting’

»  Murdoch says good July, tough few months ahead, but projects single-digit uptick in op income for FY10

»  Murdoch: ‘quite happy with progress we’re making’ but will keep some for scatter, says can’t be more specific.

»  Chase Carey (1st call as vice chair) TV Everywhere is more defensive than offensive, we need to develop more ways to add incremental value

»  You think AP is tough? Once $NWS is charging for online news, Murdoch promises ‘We’ll be asserting our copyright at every point.”

»  Murdoch was taken aback when Telegraph reporter asked if he’d be interested in buying the Observer from Guardian. ‘Hell, no. Why?’

»  talking to Sony (NYSE: SNE) re E-Reader, Murdoch says deal better then Kindle so far, would get to manage own subs. Still unhappy with $AMZN

»  Murdoch: despite increasing sub price on KIndle, getting better share, lack of sub control ‘eventually will lead to a break’ w/ $AMZN

Aug 5, 2009 4:49 PM ET

Rupert Murdoch Photo: AP Photo / Virginia Mayo

Share

Posted In: Media & Publishing, Newspapers, TV, Broadcast, Cable & Telecom, Money, Earnings, Companies, Amazon.com, Kindle, Guardian Media Group, News Corp., chase carey, rupert murdoch

Covering the UK’s Digital Media Economy | paidContent:UK Newsletter

Know something we don’t?

Send Us a News Tip

All tips are anonymous and untraced.

Sponsors

Contributors