Wall Street Journal reporters had a chat with Rupert Murdoch, who commented on how the web is affecting traditional media:
“We’ve got to find new ways and new business models to get revenues. Or else the world is going to be owned by Google… The Internet is a great leveler. All newspapers count for less these days. So … as far as I’m concerned, I want to drive News Corp., as I’ve said, into being the greatest content company, whether it’s in news, opinions, writing or whether it be film or television. I mean there are so many new pipes in how you deliver these things. And so on. We’ll just have to use them all and see what’s economical.”