Rupert Murdoch was recently declared one of
Esquire's 75 most influential people of the 21st Century, in an issue of the monthly magazine that included a special
e-Ink cover.
In an interview with
Esquire,
Murdoch discussed his personal history, the effects of growing up in a journalistic family, and his first foray into the US market with the purchase of the tabloid daily,
The Star. He also talked about the challenges faced by newspapers,
competition between the
Wall Street Journal and the
New York Times, and the age of the Internet and social networking.
The Future of NewspapersMurdoch admitted that he "did not know the future" but that he was sure that knowledge is going to become increasingly more valuable. He went on to discuss the changing business models of old newspapers and even admitted that "if you look at the readership of newspapers...its worrying." But went on to talk about the future of the Internet and its "tremendous" use.