"News Corporation chairman Rupert Murdoch said today the group was continuing to consider making the online version of the Wall Street Journal free, once News Corp formally takes control of Dow Jones next month."

"The new [Fox Business Channel] is aimed squarely at the market leader, CNBC, as it tries to capture US cable and satellite subscribers seeking financial news."

Rupert Murdoch has set up shop in a Dow Jones conference room. News Corp and Dow Jones execs are deciding whether to compete with the New York Times as a national paper or to focus more on the FT abroad. Chernin: No decision yet on the WSJ.com paywall.

WSJ.com looks at its own position in the paid content debate, and puts it all in perspective with a great chart showing print vs. online advertising revenues at US daily newspapers on the same scale.

"News Corp Chief Executive Rupert Murdoch said on Tuesday that he was leaning toward making online Wall Street Journal free, but had made no decision yet."

"News Corp. said Chairman and CEO Rupert Murdoch received compensation for the year ended June 30 valued at $32.1 million … Mr. Murdoch received personal use of corporate aircraft valued at $337,427."

Michael Wolff, the media columnist for Vanity Fair, landed an advance in the high six figures from Doubleday for a biography of Rupert Murdoch.

"The FT can paint itself as a niche brand, but the reality is that it competes head-to-head with the WSJ across Europe and Asia. Until now, it has won that battle because the WSJ has lacked the wit and resource to challenge it. Murdoch will change that, f

Dow Jones & Co., which is being acquired by Rupert Murdoch’s News Corp., reported late Monday that ad revenue for its flagship Wall Street Journal fell 7.2% in July on a 20.9% decrease in advertising volume.

"Analysts see Murdoch cutting rates and the newsstand cost, which rose last month to $1.50 from $1, even though he declared during the conference call that he would not engage in "any price war.""

"Ever the risk-taker, Rupert Murdoch may be planning to gamble the newspaper’s significant Web subscription revenues on the growing Internet ad market"

"Rupert Murdoch said on Wednesday that the company is looking closely at granting free access to The Wall Street Journal’s Web site, but has not decided yet."

Ridding: "The competition is not binary any more," he says. "There has been an explosion of new channels, resulting in a much broader competitive set. In all this, the WSJ has circled its wagons around the US while we are focused globally."

Lauren Rich Fine on the Dow Jones deal: "Newspapers need to reinvent themselves both online and off and accept that future returns will be much lower. Difficult decisions need to be made such as acknowledging that a paper can’t be everything to everyone."