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WSJ: News Corp.'s Murdoch Considering U.S. Broadband Service

Authored by Mark Hefflinger on November 7, 2005 - 2:55am.
Chicago - News Corporation CEO Rupert Murdoch is considering launching a high-speed Internet service in the U.S., The Wall Street Journal reported. "We may be forming a company with partners to build something out here that would give you broadband," Murdoch told The Journal. Murdoch also commented that more consumers will be interested in broadband once high-definition camcorders become widely adopted. The owner of the 20th Century Fox movie studio and Fox TV channels recently launched a new media unit, Fox Interactive, to oversee its online operations. The company's Web units include social networking service MySpace.com, recently acquired by News Corp. for $580 million.
http://tinyurl.com/e3nlc (Reuters)
tags: Broadband | WSJ | U.S | Murdoch |



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