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Rupert Murdoch The News Ltd Pay Wall

Oi kwan Li : 3359905 Prangsuree Thasanatharekorn : 3350497 Zhimin Zhou : Jiayi Wei :

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Page 1: Oi kwan Li : 3359905  Prangsuree Thasanatharekorn : 3350497  Zhimin Zhou :  Jiayi Wei :

Rupert MurdochThe News Ltd Pay Wall

Page 2: Oi kwan Li : 3359905  Prangsuree Thasanatharekorn : 3350497  Zhimin Zhou :  Jiayi Wei :

Group members Oi kwan Li : 3359905

Prangsuree Thasanatharekorn : 3350497

Zhimin Zhou :

Jiayi Wei :

Page 3: Oi kwan Li : 3359905  Prangsuree Thasanatharekorn : 3350497  Zhimin Zhou :  Jiayi Wei :

Outline Background information The debate of “pay wall”

- Supporter perspective- Opponent perspective

The impact of “pay wall”- Interesting facts- The long-term impact

Conclusion

Page 4: Oi kwan Li : 3359905  Prangsuree Thasanatharekorn : 3350497  Zhimin Zhou :  Jiayi Wei :

Background Information Who is “Rupert Murdoch” ?

- Head of the global media - Represent traditional media

What is “News Corporation” ?- newspaper, magazine, book, television broadcasting and film and video production

Page 5: Oi kwan Li : 3359905  Prangsuree Thasanatharekorn : 3350497  Zhimin Zhou :  Jiayi Wei :

What is “Pay Wall” ? Definition“Pay Wall is a website that restricts access to certain content only to paid subscribers”

(Jargondatabase 2010)

“Pay Wall” & Debate- pls. answer why and when

Page 6: Oi kwan Li : 3359905  Prangsuree Thasanatharekorn : 3350497  Zhimin Zhou :  Jiayi Wei :

THE DEBATE TIMEShould !!!

Should not

!!!

Page 7: Oi kwan Li : 3359905  Prangsuree Thasanatharekorn : 3350497  Zhimin Zhou :  Jiayi Wei :

Rupert MurdochThe News Ltd Pay Wall

“…Readers must be forced to pay for access to stories…”

Picture from : http://ncalmedia2010.wordpress.com/2010/09/13/murdoch-takes-over-schools/

Page 8: Oi kwan Li : 3359905  Prangsuree Thasanatharekorn : 3350497  Zhimin Zhou :  Jiayi Wei :

WEAK ENVIRONMENT Economic System

Downturn -- newspaper

industry (print and online)

Digital Technology Attack -- the Internet

Advertising revenue

-- 26% decline in newspaper industry/ 30% decline in News Corp.

A dead or dying medium -- 21st century of newspapers

Page 9: Oi kwan Li : 3359905  Prangsuree Thasanatharekorn : 3350497  Zhimin Zhou :  Jiayi Wei :

Economic System Downturn

Digital Technology Attack

“A pay-per-view model”

“Quality journalism is not cheap and an industry that give away its content is simply cannibalizing its ability to produce good reporting…we intend to charge for all our news web sites… ”

(Murdoch 2009)

Page 10: Oi kwan Li : 3359905  Prangsuree Thasanatharekorn : 3350497  Zhimin Zhou :  Jiayi Wei :

PAY-PER-VIEW MODELRupert Murdoch’s new approach -- better and differentiated contents/ a terrific experience

A business model -- significant revenues

The Wall Street Journal -- strengthening the relationship with loyal readers

Page 11: Oi kwan Li : 3359905  Prangsuree Thasanatharekorn : 3350497  Zhimin Zhou :  Jiayi Wei :

PAY-PER-VIEW MODEL

Good impacts

Readers

Shareholders

Newspaper Industry

Picture from : http://www.dailytelegraph.com.au/news/rupert-murdoch-speaks-out-on-recovery-and-opportunity-missed/story-e6freuy9-1225795203893

Page 12: Oi kwan Li : 3359905  Prangsuree Thasanatharekorn : 3350497  Zhimin Zhou :  Jiayi Wei :

What’s inside of the wall?

Page 13: Oi kwan Li : 3359905  Prangsuree Thasanatharekorn : 3350497  Zhimin Zhou :  Jiayi Wei :

Rupert Murdoch and News Ltd “Pay Wall”

Picture from: http://highwired.co.uk/blog/tag/appe/

Page 14: Oi kwan Li : 3359905  Prangsuree Thasanatharekorn : 3350497  Zhimin Zhou :  Jiayi Wei :

POTENTIAL RISKS Charge — Losing click numbers—losing online advertisement—losing money

Charge — Losing click numbers—losing readership—losing power (political/other)

Charge —Losing click numbers—losing readership—losing market

Page 15: Oi kwan Li : 3359905  Prangsuree Thasanatharekorn : 3350497  Zhimin Zhou :  Jiayi Wei :

Characteristics of nowadays audience Younger generation - - information on computer screen

So many media choices - - lack brand loyalty

Creating& sharing - - passively consuming

Page 16: Oi kwan Li : 3359905  Prangsuree Thasanatharekorn : 3350497  Zhimin Zhou :  Jiayi Wei :

“It’s all about business model”“There is no exist general business model to copy”

Try to transpose old business model to new business reality can’t work We should find new ideas rather than force readers to pay

Page 19: Oi kwan Li : 3359905  Prangsuree Thasanatharekorn : 3350497  Zhimin Zhou :  Jiayi Wei :

THE LONG-TERM IMPACT

To change the publishing culture

picture from: http://www.watblog.com/2009/12/15/online-news-consumption-grows-by-37-in-india-comscore-study

Page 20: Oi kwan Li : 3359905  Prangsuree Thasanatharekorn : 3350497  Zhimin Zhou :  Jiayi Wei :

CONCLUSION

‘This is not the end of journalism’

From Crabb, A 2010, ‘The end of Journalism as we know’

Page 21: Oi kwan Li : 3359905  Prangsuree Thasanatharekorn : 3350497  Zhimin Zhou :  Jiayi Wei :

References

Page 22: Oi kwan Li : 3359905  Prangsuree Thasanatharekorn : 3350497  Zhimin Zhou :  Jiayi Wei :

Thank youFor your attention