Comments on: What Murdoch thinks of the media http://www.crikey.com.au/2009/10/12/crikey-says-105/ now with extra source Sat, 11 Feb 2012 23:34:35 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: jeebus http://www.crikey.com.au/2009/10/12/crikey-says-105/#comment-40876 jeebus Tue, 13 Oct 2009 02:50:13 +0000 http://www.crikey.com.au/2009/10/12/crikey-says-105/#comment-40876 Murdoch is losing the game, and wants to change the rules. It's an admission of his personal failure to both 'adopt and adapt' to the changing paradigms of information distribution in the digital age. This is evidenced by comments he has made in contempt of the Internet, and in lashing out at providers of high quality free content like the BBC and ABC. There is also a tinge of bitterness, which can probably be attributed to his purchase of Myspace at the peak of its popularity, only to see it dethroned shortly afterward by Facebook. Media barons attempted to create an Internet of gated pastures back in the days of Compuserve and AOL. Capitalism voted, and it chose a free world wide web instead. There are plenty of avenues for making money on the Internet. Murdoch just needs to use his business acumen and take some risks to find them. Murdoch is losing the game, and wants to change the rules. It’s an admission of his personal failure to both ‘adopt and adapt’ to the changing paradigms of information distribution in the digital age.

This is evidenced by comments he has made in contempt of the Internet, and in lashing out at providers of high quality free content like the BBC and ABC. There is also a tinge of bitterness, which can probably be attributed to his purchase of Myspace at the peak of its popularity, only to see it dethroned shortly afterward by Facebook.

Media barons attempted to create an Internet of gated pastures back in the days of Compuserve and AOL. Capitalism voted, and it chose a free world wide web instead. There are plenty of avenues for making money on the Internet. Murdoch just needs to use his business acumen and take some risks to find them.

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