Rupert Murdoch on pay walls - Pressed - Portfolio.com

When News Corporation chairman Rupert Murdoch speaks, his words tend to take on an oracular quality, as if the man's wisdom is as old as the world itself. (That's just one of the perks of being worth $4 billion. It might also be because at 78, he's nearly as old as the world itself.)

So when Murdoch speaks about the Internet, people listen. Take the interview he did with David Speers of Australia's SkyNews this weekend. (Speers opens the interview by conceding that News Corp. owns part of the network...)