Rupert Murdoch: Kindle the Business Change That Will Save Newspapers

Rupert Murdoch has been sounding pretty stupid for the last year or so, talking ad nauseum about how the Internet can be overcome and we can all be forced to pay for the content we consume.

Uh-oh. I think he might be right.

The lord of Newscorp is looking at Amazon’s Kindle book reader and thinking he finally has the business change model to get back the revenue that his print outlets have been losing, and even add new revenue for broadcast. Here’s how it will work: As we all start using “devices” (Kindle, advanced mobile phones, whatever), we also learn to add content to them. It’s true; I have more media streaming into my Droid then I ever read simply because “there’s an app for that”.

Well, what if the apps that show content required subscriptions? And what if the folks who create that content simply stop putting their content on-line in places where search engines like Google can find them? Bang. Newspapers get subscribed to again, and even previously-free TV outlets can create viewership revenue.

I was beginning to think that Mr. Murdoch was a dinosaur. I’ve changed my mind. And you’re about to change the way you use the internet. Get your strategy together, now.

By the way: the part of the interview where he talks about this topic starts at about 1:50 of the video.