 | |
Rupert Murdoch
|
 |
|
News Corp owner Rupert Murdoch has dismissed pessimistic forecasts for the newspaper business by some speculators, saying newspapers face another heyday.
In an ABC radio program on Monday, AFP quoted the media mogul as saying, ˇ°Unlike the doom-and-gloomers, I believe that newspapers will reach new heights.ˇ± Because people pine for more information as time goes by and because newspapers have the capacity to provide credible news to readers amid abundant yet conflicting information, newspaper will persevere, he said.
"Our real business isn't printing on dead trees. It's giving our readers great journalism and great judgment," Murdoch said. He added while the number of printed newspapers might face losing circulation, there will be increase for the companies from customized news and advertising through websites and e-mails. "In this coming century, the form of delivery may change, but the potential audience for our content will multiply many times over," he said.
The core business of newspapers is still growing, and newspapers in other forms, such as electronic form, will exist forever, he claimed. Murdoch, who turned a newspaper he inherited at the age of 22 into a global media corporation owns a number of major media companies in Australia, the U.K. and the U.S., including the Times, the Wall Street Journal, and Fox News.
(englishnews@chosun.com )
|
