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Media

Submission + - Rupert Murdoch gets positive about free content (chicagotribune.com)

Amir E. Aharoni writes: "Media tycoon Rupert Murdoch considers purchasing the Wall Street Journal and says that free, quality, online content is a good business model. Quote: Spinning a `what if' scenario for Time magazine, Murdoch bet the Journal would be more profitable if it spent $100 million a year to employ top business writers and got rid of the presses, paper and trucks and put everything online for free."

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