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Jun 8, 2009

Murdoch foresees paperless future for WSJ, all newspapers

Media mogul and News Corp. chief executive officer Rupert Murdoch said Monday in an interview with FOX Business’s Neil Cavuto The Wall Street Journal could be paperless in 20 years.
Murdoch said he believes almost all news will be delivered either digitally via computer or on portable devices like Amazon's Kindle within 10 years.
While the newspaper industry is currently struggling to change its business model, Murdoch said he believes newspapers will endure. From the story:
“My feeling is that we hopefully hit a bottom here where things will be pretty stable from now on. Not as good as they were a little while back. It’s going to take time to climb out of it. That’s okay,”

View the story here.

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