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October 19, 2009

News Corp to start charging for Fox News

By Dominic wireposts

News Corp boss Rupert Murdoch is continuing his quest to charge for editorial content on all platforms by bringing in new fees for the Fox News channel.

The Times reports that he told the company’s annual shareholders’ meeting: “Going forward, we will be seeking retransmission dollars from our distributors. Asking cable companies and other distribution partners to pay a small portion of the profits they make by reselling broadcast channels, the most-watched channels on their systems, will help to ensure the health of the over-the-air industry in America.

‘We realise this is going to be a tough challenge, but we’re determined to take a leadership position in creating an economic template for the future.”

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