Newspapers will play a smaller role in News Corp's operations in future as the group focuses on more profitable pay-TV operations in western Europe and India, the group's head of Europe and Asia said. James Murdoch, son of News Corp chief executive Rupert Murdoch, also said the company would remain conservative in its use of capital. "We do not feel, looking at the overall environment, that we are out of the woods yet," he said. "We have got to continue to be pretty cautious." James Murdoch, told an investor conference that News Corp, the world's biggest news company, expected to have smaller audiences for online news when it starts charging readers next spring, but journalism would still play a part in the group.
- Michael Jung
A blogger is someone who takes matters into his or her own hands. Someone who sees a problem that no one is trying to solve, one that desperately needs solving, that begs to be solved, and because the tools are so inexpensive that they no longer present a barrier, they are available to the heroic individual. [T]he heroic spirit [and the] nobility... - http://michaeljung.tumblr.com/post...