Propheteer

Tycoon and publisher Rupert Murdoch was once among the most despised men in journalism. Now his company bids to lead his whole industry back from the brink of financial disaster by helping publishers and editors understand that that they can only survive by charging for editorial content:

As newspapers across the country struggle with declining readership and advertising revenue, News Corp. executives have been meeting in recent weeks with publishers about forming a consortium that would charge for news distributed online and on portable devices -- and potentially stem the rising tide of red ink.