Wednesday, July 28, 2010

Ol' Rupe wants White House to pay up on Wall Street Journal coverage

Rupert Murdoch's newly acquired Wall Street Journal may offer the world's greatest coverage of the banana museum industry, but nobody would think of paying $600,000 for such timely information.

That won't stop Murdoch, who has just jacked up the price his company is charging the White House to clip news from the paper, Politico reports.

It's unclear how Rupert Murdoch and News Corporation - WSJ's parent company - arrived at the figure of $600,000.

"But copyright laws," reports Politico, "would prevent the news-clipping service from widely disseminating Wall Street Journal articles without the parent company''s permission. [Politico]
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