Tuesday, March 14, 2006

Rupert Murdoch

I've never been a huge fan of Rupert Murdoch.

But, I'm moving slightly in his direction when I read --

Stories like THIS. Click here

A brief quote from his speech:

"Societies or companies that expect a glorious past to shield them from the forces of change driven by advancing technology will fail and fall," he warned. "That applies as much to my own, the media industry, as to every other business on the planet." Two hundred liverymen and freemen of the trade guild were joined by family and friends who then dined in Stationers' Hall, a Grade 1 listed building near St Paul's Cathedral in London.

He had some words of hope for his industry peers buffeted by declining circulations, free titles and the internet. "I believe traditional newspapers have many years of life but, equally, I think in the future that newsprint and ink will be just one of many channels to our readers," he said, predicting a future in which "media becomes like fast food" with consumers watching news, sport and film clips as they travel, on mobile phones or handheld wireless devices."


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