Seems plausible … radically reworking existing models seems like something that needs to happen and something Murdoch is willing to do, especially considering the diversified media power he controls. Paul Gillin writes "[...] Murdoch could do some interesting things to leverage economies of scale. And those properties could do a lot worse than to have Rupert as the boss. When you consider the alternative scenarios of bankers or professional investors taking over businesses they know nothing about, then the prospect of ownership by a savvy and successful media tycoon looks pretty palatable. As controversial as Murdoch’s tactics sometimes are, the man has a remarkable track record and a vision for the future of media. He is also one of the few publishers in the world who is investing in newspapers right now."
Tags: newspapers
