SYDNEY, Australia (AP) - Global media magnate Rupert Murdoch says doomsayers who are predicting the Internet will kill off newspapers are "misguided cynics'' who fail to grasp that the online world is potentially a huge new market of information-hungry consumers.
Newspaper companies in the United States and elsewhere are facing fundamental changes to their businesses as more people get their news from the Internet and other sources, and advertisers follow the market away from the paper-and-ink format.
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