The SMH reports that John Hartigan, CEO and Chairman of News Limited, “has rejected” for the Australian newspaper industry, Rupert Murdoch’s rather gloomy outlook about the future of the US newspaper market.

“At a digital conference in California this week,” the Herald reports, “Mr Murdoch said that the financial pressures on US newspapers would see them ‘deteriorate tremendously’.”

Read the story in the Sydney Morning Herald

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