
Originally Posted by
bananaman
To me, it makes perfect business sense for Murdoch to want to charge for online news. He owns newspapers which are rapidly losing money.
Newspapers make their money from selling space in the classifieds, and as less people read newspapers, less money is made by the classifieds.
But online news sites don't have a classifieds section. People sell stuff on ebay, Craiglists, forums and free classifieds/directories.
Journalists writing for online news still have to be paid, there are still costs associated with investigating, editing and publishing news. Online news sites are spending money producing content, but have no reliable source of income(classifieds). And if there is no income, the quantity of journalists and the quality of the news takes a dive.
News is not important enough for me to pay for, but from a business perspective, I can see the reasoning for Murdoch to want payment. Paying for online news is no different than paying for newspapers - you are paying for the content.