Murdoch: Most Papers Will Be Digital In 10 Years


imageFor the second time in as many weeks, News Corp (NYSE: NWS) chairman and CEO Rupert Murdoch is back on his own airwaves. Murdoch told Fox Business Network: “Within 10 years, I believe nearly all newspapers will be delivered to you digitally, either on your PC or a new — on a development of the Kindle, shall we say. … Something that’s quite mobile, you can take around with you.

“Communications are changing totally. We’re moving into a digital age, and it’s going to change newspapers. But if you’ve got a newspaper with a great name and a great reputation, and you trust it, the people in that community are going to need access to your source of news. What we call newspapers today, I call news organisations, journalistic enterprises, if you will. They’re the source of news. And people will reach it if it’s done well, whether they do it on a BlackBerry or a Kindle or a PC. …

“I think people will miss a great deal not getting everything that you get in the newspaper. You may not read everything in it, but your eye catches things, and you learn things you didn’t expect to learn. And I think we’ll get back to that when we get these mobile readers that you carry whole newspapers on them.”

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