Rupert Murdoch wants your credit card number

So how does News Corp chief Rupert Murdoch plan on instituting the paywall for publications like the Wall Street Journal and New York Post? By getting your credit card number.

Joe Flint of the Los Angeles Times' Company Town blog reports (emphasis added):

News Corp. Chief Executive Rupert Murdoch, whose holdings include the Wall Street Journal and the New York Post, explained in an interview with his Fox Business Network how he plans to get people to pay for content online. It doesn't sound too complex.

Said Murdoch: "Simple. You turn them off. They've got to sign on. They give you their credit card number. And that's it. And then you e-mail them and say you're putting the price up or you're taking it down or whatever."

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