Rupert Murdoch is widely reported saying that News Corp is investing in a mobile digital device for reading newspapers on a larger screen than the typical ebook reader device.
News Corp is apparently investing in a potential Kindle rival which would not only have a larger screen but importantly, four-color capable display. This means they are either pre announcing something that isn’t here today or on the horizon, a colour ink device, or they are following the lead taken by Fujitsu which however has a full colour not four colour display.
So is it investor city talk or does it have substance. If News Corp were to back a new reader could it hold its own against what is getting a crowded space. Is he looking to back colour so he can exploit all his family of assets; TV, video, news and books through one device? Time will tell but when Murdoch wants some would say Murdoch gets.
A gauntlet if ever there was one, but he didn’t stop there.
In reference to the newspaper business model problems Murdoch is reported in the Wall Street Journal saying that ‘People are used to reading everything on the net for free, and that's going to have to change." He also questioned whether the newspaper industry should continue to allow online news aggregators, such as Google Inc., to aggregate newspaper content without being compensated for it.
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