socialmedian: Rupert Murdoch In Beijing: 'The Philistine Phase Of The Digital Age Is Almost Over'

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Rupert Murdoch In Beijing: 'The Philistine Phase Of The Digital Age Is Almost Over'

Source: paidContent.org

Oct 09, 2009

Summary

News Corp (NYSE: NWS) Chairman and CEO Rupert Murdoch took to the stage at the World Media Summit in Beijing Friday to quote a little Confucius and paint his version of the digital future for his Chinese hosts. Murdoch’s endeavors in China have met with mixed success and some of that frustration showed, especially when he talked about India doing a better job of welcoming foreign investment. Murdoch urged the Chinese to see the internet as an opportunity, using the example of the potential he sees in having “2 million or so” Chinese-language readers of WSJ.com. His most scathing words, though, were reserved for news socialists (not his term, mine after reading it) who want to resist his paid-content movement and his media colleagues, describing the large media submission “in the face of the flat-earthers who insisted that all content should be free all the time. The sun does not orbit the earth, and yet this was precisely the premise that the press passively accepted, even though there have been obvious signs that readers recognize the reality that they shou

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