I guess when you’re rich you can do what you want

Rupert Murdoch’s Wall Street Journal has just raised Obama’s subscription price to the WSJ: to $600,000 a year. Probably more politics than economics behind this, the perennial risk of proprietor owned media that has a political axe to grind. Still, as an investor I would wonder about the business sense behind this.

J-Source, July 29 2010

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Murdoch versus Google

In a Mothra versus Godzilla battle, media magnate Rupert Murdoch is detaching his newspapers from Google, to stop the free searching of stories from his newspaper. The attempt is to make it harder for people to get “free” stories from his media empire, and drive them to subscribe. Interesting battle ahead; Murdoch doesn’t lose often and he has deep pockets.

Globe and Mail, Nov. 11 2009