This is the guy who has given us Fox News and the New York Post. No one can deny he has been a success in cable TV, and in the past in print journalism. But I think when we are talking the internet, sorry I don't fear the guy. First:
1. This is the guy who bought MYSPACE after Facebook was already taking off!! IDIOT!! Not only that, Myspace's decline has accelerated since its takeover by News Corp. They are now openly saying they want to offload the damned thing, while actually sending e-mails to inactive users to PLEASE, PLEASE, PLEASE come back!!
2. Murdoch decided he was going to put some British publications behind a full scale paywall. The result? Barely anyone reads them anymore. And just from googling apparently some MA publications owned by Murdoch like the Cape Cod Times allow only 10 articles per month or else you have to pay over $200!
3. The Daily, the funniest of them all. First it's for the iPad only which means most people can't even read it. Secondly, he had Fox News pre-empt Egypt for his little infomercial for its unveiling. Thirdly, it ends up it is a general interest newspaper magazine that is not very interesting at all.
Fourth, it's already been hacked (ahem, indexed)!http://thedailyindexed.tumblr.com/So now you can read it. And believe me, it's not much. Let's just talk the arts. Their article on the break up of the White Stripes reads like a 3rd rate AP article. Better stuff was written out on the web.
The whole thing is RIDICULOUS. I am all for paying for some magazines or newspapers, but not this way. I mean, they have articles that live in the internet but are not accessible from the internet. How dumb is that?
On a serious note, the New York Times is unfortunately going to erect a paywall (again). Meanwhile, other sites like CNN, NPR, PBS, the Guardian, the BBC, and so on will remain free. I think it is downright foolish to follow Rupert Murdoch's lead. He really does not get the internet at all. The iPad is not going to save journalism just like the Kindle didn't.