Fascinating interview with Rupert Murdoch

Walt Mossberg interviewed Rupert Murdoch at The Wall Street Journal’s D6: All Things Digital conference today. Some very interesting quotes in there from Murdoch:

– he says newspapers around the world are down 10 – 30% in ad revenue, which eats into profit margins. “They’ve made every economy they can in production, with computers and so on,” says Murdoch. “Now they’re going to have to reduce costs in journalism and things are going to deteriorate tremendously.”

– “A news story published in a newspaper is, on average, touched or edited by 8.3 people. That is ridiculous.”

http://services.brightcove.com/services/viewer/federated_f8/452319854

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3 thoughts on “Fascinating interview with Rupert Murdoch

  1. Sean

    Hey Dan,

    I think Murdoch was specifically talking about the WSJ when he said that a story was touched by 8.3 people, not newspapers in general.

    -Sean

  2. Sean

    Hey Dan,

    I think Murdoch was specifically talking about the WSJ when he said that a story was touched by 8.3 people, not newspapers in general.

    -Sean

  3. Sean

    Hey Dan,

    I think Murdoch was specifically talking about the WSJ when he said that a story was touched by 8.3 people, not newspapers in general.

    -Sean

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