Rupert Murdoch\\\'s News Corp vows to prove print media alive
Monday, 26 May 2014
The head of Rupert Murdoch’s News Corp. on Monday said the group will be publishing newspapers for ‘decades’ and hit out at the ‘morbid mindset’ of those who say print is dead. Chief executive Robert Thomson, who oversees more than 100 newspapers including The Wall Street Journal and The Times of London, rejected fears the medium was finished as the industry battles a slump in advertising and circulation revenues. ‘It’s a sign of a morbid mindset that afflicts not just in this country but, internationally, some media groups,’ Thomson said. ‘Fatalism can be fatal. I think people have failed to articulate enough the power of print as a platform.’ He added that News Corp’s newspapers would be in print for ‘decades and decades and decades ... print will continue to evolve in the same way that digital is evolving,’ according to The Australian, a News Corp. newspaper.