More on Murdoch/

This showed up in my email inbox today:

Some (TSCM, Strong Buy rated) investors have expressed concern about the possibility that Rupert Murdoch’s News Corp (NWS, not rated) could decided to make the site completely free-of-charge (today it’s primarily a paid subscription service) ever since News Corp acquired the’s parent Dow Jones last year. However, at the World Economic Forum in Davos, Switzerland, yesterday Murdoch said “The really special things [at] will still be a subscription service, and, sorry to tell you, probably more expensive.” From a competitive perspective, this should be viewed as a positive datapoint for TSCM shareholders. We note that the has just over 5MM monthly unique visitors to its site vs over 6MM at

Mark May
Principal, Equity Research
Needham & Company LLC