Murdoch: We Can Charge More for 'WSJ,' Print Will Outlive Him

Posted Thursday, May 29, 2008 12:00 am

By: E&P Staff Rupert Murdoch, speaking during The Wall Street Journal's D: All Things Digital conference Wednesday, said of the future of newspapers: "I just love communicating with people, whether print, TV, print, mobile and others. Print will be there for at least 20 years, and outlive me."

Murdoch said of the Journal's editing process: "Every piece of story in WSJ has on average about 8.3 editors involved ... that is ridiculous. You have to get all of the facts in in half the space ... New York Times charges $500 a year for subscription ... now we charge about $150 a year. We still have a long way to go."

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Murdoch: We Can Charge More for 'WSJ,' Print Will Outlive Him

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