Murdoch's Newspaper Predictions: Printed Newspaper May Go Away, One Chicago Newspaper Will Die (VIDEO)

News Corp Chairman Rupert Murdoch made an appearance on his corporation's business station, Fox Business Network, Thursday to speak to Brian Sullivan about the future of newspapers.

Murdoch, a steadfast believer in newspapers, acknowledged that people may consume newspaper products on electronic devices in the future but assured that online content will be paid for eventually.

"Newspapers may look very different. Instead of an analog product printed on paper, you may get it on a panel which will be mobile, which will receive the whole newspaper over the air, and be updated every hour or two. All of these things are possible.

"You're going to have to pay for your favorite newspaper on the Web," he added. Free content online "is going to stop. Newspapers will be selling subscriptions on the Web. The whole thing [premium content] will be there. The Web as it is today will be vastly improved, they'll be much in them and you'll pay for them."

Murdoch added that News Corp would "never take money from the government" because it would represent the end of freedom of the press. "I don't believe even the New York Times would," he said. "I don't think the government would even do it. They'd realize this would be the end of it."

Murdoch closed the interview with a prediction that one of the Chicago newspapers will die.

"One will go away," he said. "It's very hard to see how the Sun-Times can keep going. I thought it was hard when I owned it ten years ago."

Watch:

Comments

[onnyang]

Like hell I will...
Never will I pay for the garbage this man peddles...
You're finished...

[Mrtnz]

From what I recall, Some one once said to me, "An ancient China curse, May you live in interesting times."
No doubt about it. We are in interesting times.

[nellie]

It hardly takes a Svengali to predict that newspapers will go digital.

[confidance government]

I find that most mainstream papers lack one redeeming quality: journalism. The stories I read in newspaper seem for the most part like they were spoon fed to the journalists; then sanitized and regurgitated to the masses.

Newspapers are still in shock to realise they are now obsolete. Classifieds and advertising are done online now, and most revolutionary stories are not coming from the mainstream media anymore; its all indy media and private citizens. That's the future, not establishment newspapers.

[josephXY]

Murdoch knows what he is talking about in general. In particular it could for instance be punidts
like this one in the UK Times (a News Corp paper) definding bankers bonuses against mob rulle that help his predictions come true:
http://www.timesonline.co.uk/tol/comment/columnists/daniel_finkelstein/article5841424.ece

[bragladish]

Thanks for playing along but we dont care what Murdock thinks because we think Mr Murdoch should be in jail for sporting and propagating the war In Iraq and Afghanistan and for creating a gong show out of mainstream news! lol... go ahead, put the final nail in yr coffin, make our day!

[MacGregor57]

and deep from inside his wooden tomb, Uncle Rupie could be heard mumbling aargh, aargh, aargh.

[bikerdude]

Hey Rupert, NO I WON'T

[Grannysue]

Hopefully it will be the ones he owns and FAUX NEWS oh my that would be bliss!

[ssaz]

Too bad Murdoch will not go away as well, and take Faux News with him.