Media: Chatter

"I wish they were. They're all going to Facebook at the moment." - Rupert Murdoch in response to being asked if newspaper readers are spending more time using MySpace

"We do believe in the value of FT content, we do believe people value it, and we do believe they will pay for it." - The Financial Times chief executive, John Ridding, after the paper hiked up its cover price by a massive 30p to £1.30

"This is not regulation which suits a modern converging media world - it's detrimental to the health of the industry. It's Life on Mars regulation for 1977 not 2007." - Sly Bailey, the Trinity Mirror chief, criticises the competition authorities for their approach to mergers in the newspaper industry.

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