Murdoch: Content is emperor, not king

9:01 PM PDT 10/13/2010 by Georg Szalai, AP

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NEW YORK -- News Corp. chairman and CEO Rupert Murdoch said Tuesday that the debate over the preeminence and importance of content in the digital era is over. "Content is not only king. It is the emperor of all things electronic," he said, adding that consumers are ready to pay for quality content.