Today at the Monaco Media Forum, another nail was pounded into the coffin of that cornerstone of traditional media, the newspaper.
News Corp's Asian/European operations lead, James Murdoch, noted that the switch to iPad and other mobile reading apps has had a direct effect on newspaper sales. Murdoch said that the apps were "much more directly cannibalistic" than web sites, as subscribers read the apps in a manner similar to how they read traditional newspapers. Web readers apparently consume their news somewhat differently. While he didn't disclose sales numbers, Murdoch said that the newspapers affected include the Wall Street Journal, News of the World, and the Times of London.
News Corp isn't ma
