For a long time now news sites have faced a large decline in sales due to the popularity of the internet, and the ease of finding out free news via various methods online. One of the models newspapers have looked at to improve their bottom line is a paid subscription model.
News Corp. Chairman Rupert Murdoch has just announced that in the next three to four weeks details of a new subscription model will be released which covers both news and other digital information. It will be interesting to see the future of this model. With so much news available for free on the internet, what will News Corp unveil that is worth paying for? But as we all know, Rupert Murdoch is incredibly successful through the savvy decisions he makes.
More on this news story on the Los Angeles Times website.
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