Rupert Murdoch told an investor conference Tuesday that he didn’t see a need to distribute programming or other media content from his News Corp. conglomerate through Internet portals.
Murdoch, asked why he hadn’t made deal with large aggregators of online content like Yahoo Inc. (Nasdaq:YHOO – news) or Microsoft Corp.’s MSN portal, said he didn’t see that strategy as necessary for building Internet traffic.
“We’re not sure the portal model is the way of the future at all,” Murdoch told a conference sponsored by Goldman Sachs. “We think people are going straight to the sites.”
Murdoch, whose acquisition of the hugely popular social networking site MySpace.com has inspired envy among other media moguls, cited the example of Yahoo’s HotJobs employment site, but noted that Internet users might go to any number of other Web destinations that also carry job listings.
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