Aug 092009
 
 August 9, 2009  Posted by  Business, U.S.

Rupert Murdoch’s mad as hell, and he’s not going to take it anymore. High-handed treatment from Amazon, that is.

On News Corp.’s (NWS) fiscal-year-end earnings call with analysts, the notoriously shoot-from-the-hip mogul suggested that The Wall Street Journal will cease to be available on the Kindle e-reader unless Amazon starts offering a more generous revenue split and more publisher-friendly policies.

Murdoch acknowledged that the Journal recently negotiated a slightly larger share of the revenues Amazon gets from selling Kindle subscriptions to the paper, “but it’s not a big number, and we’re not encouraging it at all because we don’t get the names of the subscribers,” he said. “Kindle treats them as their subscribers, not as ours, and I think that will eventually cause a break with us.”

Read more on DailyFinance.com.

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