Online charges to recoup losses: News Corp:
News Corp reported a fourth quarter loss of $US203 million ($241 million), in line with its forecasts.
Across the fiscal year the company recorded a $US3.4 billion ($4 billion) loss...
Mr Murdoch has also indicated that access to News Corp material on the internet may soon come at a price.
"The extended downturn has only increased the drum beat for change, but the secular challenge is clear," he said.
"Classified advertising revenues will never again reach the levels that print once offered.
"Quality journalism is not cheap and an industry that gives away its content is simply cannibalising its ability to produce good reporting."