Media titan Rupert Murdoch believes the government should stay out of the way of the news industry as scores of newspapers around the nation shutter or slash staff.
Murdoch says no bailouts
Advertisement – story continues below
Instead, the federal government needs to update arcane regulations such as a media cross-ownership ban that appies to a pre-digital era, he said. And news organizations need to keep aggregators such as Google from disseminating news for free on the backs of newspapers such as the Wall Street Journal, he said.
Those were some of the opinions voiced by Murdoch this morning at a workshop on the future of newspapers by the Federal Trade Commission. Murdoch’s controversial views have set off debates on the future of online news distribution and how newspapers, broadcasters and radio stations will be able to survive as they bring their operations onto the Web.
Murdoch has criticized Google for aggregating New Corp. content and profiting off the distribution of stories from the Wall Street Journal and Times of London, for example, without bringing revenue back to those news organization.
Read More: By Cecilia Kang, Washington post