Poppycocks, I say! (btw, I don't know if that is a word, but it is fun to say).
Back in the day, most cities had multiple newspapers that competed against each other. However, in the past 25 years or many newspapers have gone under leaving many cities with only one.
Newspapers were hurt by television news and then later even more by 24 hour cable news. Now they are being killed off by the internet.
Hopefully, they find a working business models. Television news is terrible. Most of my news comes from the internet, but from websites such as nytimes.com, etc. Charging isn't going to work.
If this is what Murdoch thinks than it might not be goodbye to free internet news, but goodbye to News Corporation.