Wednesday 15 October 2014

Murdoch Pay Wall


I think that the BBC should be able to post news for free online as they are providing an informative platform for a wider audience who may not be able to afford a subscription fee. I think that other newspaper companies may see this as a weakness and therefore they do not like the BBC. However as they are in the private sector there aim is to maximise their profit whereas the BBC (even if believed is a biased organisation) are funded by the government through TV taxes and therefore aim to educate the public

I think that Rupert Murdoch as a businessman has tried to use full potential of the facilities of the internet in which he is trying to maximise his profit. It is good that he is also keeping up to date with technology and is looking for innovative ideas that will try and help him increase revenue. I think that he is using technical economies of scale in which he is cutting costs of items such as labourers and yet increasing the production of the newspaper however the production is slowly being shifted to a new platform of digital media, which will be beneficial for him as a businessman in the long run.

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