Times Online and The Sun.co.uk are set to start charging for content after News Corporation chairman Rupert Murdoch indicated such a model could be in place within a year.
News Corp, parent the company of UK newspaper group, News International, recorded a decline in revenues to $7.37bn (£4.89bn) for the first three months of the year [...]
News Corporation has slumped to a $6.4bn (£4.3bn) quarterly loss as advertising revenues fell in the “grim” economic environment.
The BSkyB and News International owner’s loss for the three months to 31 December compares with a $832m (£566m) profit in the same period last year.
Group revenues dipped to $7.9bn (£5.4bn) from $8.6bn (£5.8bn) a year earlier [...]