Wall Street Journal

According to the statistics provided by comScore the Times UK website saw its online readership decline by 4 million unique visitors a month worldwide to 2.4 million, or a 62 percent drop. News Corp reported that since it put its newspapers other than the Wall Street Journal, behind a paywall: The Times of London and the Sunday Times, it has signed up 105,000 paying subscribers, plus another 100,000 who were already subscribers to the print newspaper.

Google’s CEO Eric Schmidt unveiled his belief at the annual conference of American Society of News Editors in that newspapers can make money online.

Schmidt lauded newspapers as "fundamental" to democracy and predicted the newspaper business would formulate a new business model based on advertising and subscription revenue.

As he noted, newspapers actually don’t have news problem, but do have business model problem.

 Google seems to be seriously challenged by Microsoft who approached News Corp as well as other news companies to offer them shift their sites to Bing searching engine. According to the sources with the knowledge of the matter Microsoft is in talks with News Corp over the agreement that would involve News Corp getting paid to take its news websites off Google Inc.

The source reports that News Corp, which owns such papers as the Wall Street Journal and the Sun, started the discussions, which were at an early stage.

 The industry of web based news sources changes in direction of increasing video content as news websites are starting to look more like a TV channel than a newspaper, notes the New York Times. Among the websites that are featuring video much more prominently on their home pages are CNN.com and ESPN.com with The Wall Street Journal also having moved its video player front and center providing a twice-a-day live newscast on WSJ.com.