Simple equation:free, open uncontrollable Internet versus shackled newspapers equals no newspapers. Let’s get real.
— Rupert Murdoch(@rupertmurdoch) August 26, 2012
A beautiful post from Murdoch disclosing fully and unashamedly the big media agenda; the use of state power to shut down more efficient and better competition.
A quick reminder of the facts; newspaper advertising revenue is falling off a cliff:
This is creative destruction; and creative destruction is a wonderful force for growth and development. Times change, societies change, fortunes will be made and fortunes will be lost.
It’s in the immediate interests of the entrenched big media elite to harness the power of the state to create draconian laws to snub out the copy and paste new media culture that has developed, because that opens up a whole new revenue stream: litigation. If you can’t earn your millions, you might as well litigate your way to them.
But big media could be spending their money on creating and monetising compelling products and content delivery systems that make people want to buy, rather than trying to legislate and litigate their way to success. Look at Steam, look at Spotify, look at iTunes and the App Store. For all of the draconian measures that might be put in place to “control” the internet, if big media’s product sucks, people will still not buy it.


Create a global crowdsourced news that will put Murdoch’e empire out of business forever.
It does seem like the Conservatives are having revenge for him helping keep labour in power for 10 years.
Rupe, i thought you were all for the freemarket…….you psychopathic sheep shagging dipshit?
we need better news sources on the internet – something that will knocks Huffpo and Drudge off their propaganda games
I’ve got a simple equation for you murdoch:
if lying retard hacker AND mouth = open,
then fuck right off,
else just fuck off,
endif
Either way it’s end of line for you murdoch.
We have no journalism. Those who think the internet, per se, will be a catalyst for real journalism are sorely mistaken. Exchange of information rapidly = yes … A catalyst for journalism = no. Thus, the internet creates a better than break even scenario for TPTB. I think people get too excited about the internet and not depressed enough over the loss of journalism.
I like how people that have heard of “Tom” talk of “openness, transparency, accountability, freedom of information and privacy”
Words fail at describing how disgusting people are