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Murdoch denies plans to develop an eReader device for News Corp

Earlier reports had the company building its own Kindle-killer in order to charge for its content.

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Mobile | by Barb Dybwad | Fri Jul 10, 2009 11:27AM | 0 comments

Despite earlier reports indicating News Corp was working on building its own version of the Amazon Kindle in order to charge for its content to readers on the go, CEO Rupert Murdoch was quoted in a recent interview as saying, "I don't think that's likely... we will be absolutely neutral. We’re very happy to have our products distributed over any device provided it’s only going to subscribers who are paying for it."

Inside sources indicate there is still a committee working on a way to figure out how to charge for News Corp and subsidiaries' content, and that building hardware was at one point on the table. It seems that Murdoch has thought better of it and taken a "if they build it, you will come... and give me money" approach.

Other companies said to be contemplating the "build your own hardware" approach to electronic media reading include Hearst and Barnes & Noble.

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external link News Corp: No Plans To Build a Kindle… [gigaom.com]

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Related company news:
News Corporation
Related glossary terms:
eReader, E-ink
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Amazon Kindle

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