Murdoch close to unveiling internet strategy
September 22, 2005 - 3:47PM
Murdoch close to unveiling internet strategy
"Global media baron Rupert Murdoch is steaming ahead with plans to dominate the internet, telling investors to expect his strategy for conquest to be unveiled within weeks.
The chairman and chief executive of News Corp told a US investors conference overnight that the internet was still his No. 1 priority and its revenue potential was enormous.
Merrill Lynch analyst Jessica Reif Cohen said Mr Murdoch expected News Corp's internet revenue to grow from $US100 million ($131.4 million) this fiscal year to between $US500 million and $US1 billion in five years.
The 74-year-old empire builder has recently held two internal News Corp internet summits and plans to release News Corp's strategy for entering internet search and voice markets soon"
http://www.smh.com.au/news/technology/murdochs-no-1-priority-a-net-empire/2005/09/22/1126982168307.html ******************************************************
## we need a Murdoch Watch web-site to keep track of News Ltd's advertisers and associates. This man will stop at nothing to try and gain control of the internet and put others out of business. Do not support any businesses who associate themselves with Rupert Murdoch/News Ltd..who needs anymore outlets like Fox News ?