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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition James Murdoch says apps cannibalize newspapers Reuters - Saturday, November 13 Send IM Story Print Visitors check out the new Apple iPads at an Apple retail store in Madrid in this May 28, 2010 file photo. MONACO - Sales of newspaper apps for devices like the Apple iPad are cannibalizing sales of physical newspapers, James Murdoch, head of News Corp's operations in Europe and Asia, said on Friday. News Corp in June closed its free Times of London website. The Times, the Sunday Times and Britain's best-selling Sunday tabloid the News of the World -- also owned by News Corp -- are now available online only to paying subscribers. News Corp's British newspaper arm News International said this month the titles had lost up to 90 percent of their online readership and now had 105,000 paying customers, including those who had bought the iPad and Amazon Kindle apps. The exercise is being closely watched by the newspaper industry, which has lost readers and advertising revenues to free alternative news sources online and is seeking new business models for the digital age. Rupert Murdoch, News Corp's chief executive and James's father, has called the iPad a game-changer for news media, and many in the industry agree, thanks to the iPad's large screen, high resolution and capacity for interactive features. James Murdoch welcomed the opportunity to sell through Apple's iTunes online store, despite the fact that Apple takes 30 percent of the publisher's revenue. "We go to the iTunes store because it's frictionless. They charge a percentage but the guy on the newstand and the newsagent charge a percentage, and they don't even merchandise it properly," he told the Monaco Media Forum. But he said apps for mobile devices, with which readers typically engage far more than they do with computer websites, were more dangerous to print sales. "The problem with the apps is that they are much more directly cannibalistic of the print products than the website," he said. "People interact with it much more like they do with the traditional product. Apple began selling the tablet computer in April and had sold 7.5 million by the end of September. Other manufacturers have responded with their own tablets. Recommend Send IM Story Print Related Articles Newsweek, Daily Beast in old-new media marriage AFP - 18 minutes ago US-TECH Summary Reuters - 37 minutes ago Facebook may be poised to launch email service AFP - 1 hour 35 minutes ago Fund manager Heebner turns back on Apple Reuters - 2 hours 22 minutes ago Tennessee hacker of Sarah Palin's e-mail sentenced Reuters - 2 hours 45 minutes ago News Search Top Stories Ireland has not asked for EU bailout: Juncker Russia's quarterly growth slows sharply due to drought Asian Games open with China set to dominate EU heavyweights move to calm bond markets German economy slows slightly after record bounce More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended EU fines 11 airlines 800 million euros for air cargo cartel DNA test raises doubts over Texas man's execution Boeing blames Dreamliner fire on faulty power panel Acrimony as EU budget negotiations collapse Irish bond rates hit record highs, fanning debt crisis fears More Most Viewed » Alcohol more harmful than heroin, crack cocaine: study Toddler survives seven-floor fall in France Spectacular unknown species found in Amazon EU fines 11 airlines 800 million euros for air cargo cartel Be fit, have fewer colds: study More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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