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The End of the Internet?
Rupert Murdoch has let it slip that corporations hemorrhaging money are desperate to find a way to end the internet as we know it. Companies like Murdoch’s newspapers and TV networks, which include Fox News and the Asian Star Network, have seen profits plunge from $216m to just $7m year-to-year. The plans to drastically transform the internet are not just the choice move of print and television media though. Corporate giants like Youtube are going bankrupt, and even new fad Twitter is deep in the red. And let’s not forget that Rupert Murdoch also owns myspace, which is also failing fast.
That’s why the “You” is being taken out of Youtube. Everyone who vlogs has been pissed about the mass video censorship in progress. The corporate giant’s advertising is now all over youtube, and the user created content is being downplayed. Corporate America caught on to how youtube affected the last election, and by buying them up they can regain their vice grip on news and information that reaches the people unfiltered.
The corporate elite have been planning for a while to overhaul the unruly internet, with all it’s free content. What’s the point without profit, right? The Nation reported over two years ago:
“The nation’s largest telephone and cable companies are crafting an alarming set of strategies that would transform the free, open and nondiscriminatory Internet of today to a privately run and branded service that would charge a fee for virtually everything we do online.”
Murdoch, taking questions on a conference call with reporters and analysts, said that moves could begin “within the next 12 months‚” adding: “The current days of the internet will soon be over.”- The Guardian
So enjoy it while you can. If the powers that be get their way, the internet as we know it is on it’s way to becoming a fond memory.
Jenime is an artist living in the SF bay area. You can watch her musings and ravings any time by visiting her channel on YouTube.
Related articles by Zemanta
- Free web news era over, says Murdoch (Andrew Clark/Guardian) (techmeme.com)
- FT.com: Murdoch considers charging for online news, developing e-reader (blogs.journalism.co.uk)
- Murdoch wants to charge people to read what the PR industry spews out (crookedtimber.org)
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5 Responses to The End of the Internet?
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~Julie Phineas~
May 11, 2009 at 5:02 pm
You know, there are ways to monetize the internet without destroying it. You can create members only sites that are like country clubs and charge dues. Or charge a subscription fee for your news column. There are options like pay-per download for books, radio, TV. Or how about this concept… give your product away for FREE. Then upsell in the back end. That’s how we got soap operas right? Give a free show and sell some soap in between takes. Come on Murdoch… are you getting to old to be creative???
knowledge
May 9, 2009 at 7:01 am
It will simply add to the decline of printed newspapers and magazines. Everything has its niche and people will look elsewhere for their news. These corporations are one step behind the Internet and instead of simply readjusting and reaffirming their place, their brand, their substance, they instead want to completely revamp the way we use the Internet. What they plan to offer for a charge, someone else will offer for free. After all, it is that it is their responsibility to stay at pace, ahead of the game and bring themselves up to par with vast amount of resources that make up the Internet. People will not quietly agree to pay for something they’ve not only been getting for free, but there are millions of people who contribute to the flow and pace that make up the Internet who will undoubtly either directly or indirectly offer it for free. Change seems a tad futile in this instance, but it’s understandable as their interests must be protected.
Nulaanne
May 9, 2009 at 12:11 am
If that is the case then my internet use will change if not stop all together. I got rid of cable because I realized that I don’t need it. I will miss some things but I can and will still use what I can at the library. If I don’t have to give them my money I won’t, I want to keep what little that I earn and not pour it into some company that offers me next to nothing.
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