August 8, 2007 / 9:39 PM / in 11 years

News Corp undecided on making free

NEW YORK (Reuters) - News Corp chief Rupert Murdoch said on Wednesday that the company is looking closely at granting free access to The Wall Street Journal’s Web site, but has not decided yet.

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“It would be a very expensive thing to do in the short term,” Murdoch told analysts on a telephone conference call to discuss News Corp’s quarterly earnings. “In the long term, it may be a wonderful thing to do, but we’re looking at it very closely.”

News Corp. is acquiring the Journal as part of its $5.6 billion purchase of Dow Jones & Co. Inc.

Reporting by Robert MacMillan

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