News Corp. Investing In Larger Mobile Device

Murdoch also predicted that the New York Times Co. (NYT) will have to charge online for access to its flagship newspaper.

“The inventory of display advertising on the web is doubling every year,” said Murdoch. “They’re never going to make money on an advertising model to replace what they’re losing.”

This is a paid article available only to subscribers, ironically, if you access this article through google news, you don’t have to sign in to access it.  I’m sure that will change too though.

I’m not sure why newspaper publishers are attempting to create their own eReaders though.  Can you imagine having a Hearst reader for their titles, a newscorp reader for their titles, a cell phone, and Ipod and a laptop to carry around?  Crazyness.

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