Comment What's his current cut? (Score 1) 433
We see something similar with TicketMonster; charges are often around a quarter to a third of the total cost of tickets even though the preferred method of delivery is electronic; they even tack on a bit extra for the privelege of printing them on your printer, and they tack on a bunch of advertising while they do it, costing you excess ink.
Content can be delivered electronically cheaply, but its delivery is currently expensive because a handful of companies have cornered the delivery.
This is definitely a model that content providers need to break up, so Murdoch clearly does have some understanding of the way the net works and why it is bad. Unfortunately he does not seem to have worked out how to combat it. His answer that "we don't make hardware" is exactly the wrong answer - he should be leading the effort to either open up Kindle or come up with an open replacement.