Murdoch’s Online Newpaper Lays Off Nearly 30 Percent of Staff
When it was launched a few years ago, The Daily was seen as the the harbinger of a new era of pay-to-read online newspapers that was going to finally put an end to our time of “free” news content. Rupert Murdoch launched The Daily in an attempt to somehow replicate what the Wall Street Journal has done — maintain a large number of paying customers for online content. Only the New York Times has come close to doing this, and the future of that looks shaky. No other newspaper has been able to make much money from online subscribers. So, … Continue reading Murdoch’s Online Newpaper Lays Off Nearly 30 Percent of Staff
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