Despite speculation back in April that Rupert Murdoch's News Corp were investing in a color ebook reader device, the outspoken CEO has this week denied that it is the case. Instead, Murdoch told interviewers on his own Fox Business channel, News Corp would be looking to be platform agnostic, distributing its content across any device from which subscription fees can be claimed.
According to Murdoch, the news organization has been talking with major ebook reader manufacturers including Sony, Fujitsu and Samsung about their device plans. He suggests that large-scale penetration of the market won't occur for another one to two years.
Full quote after the cut