Rupert Murdoch , a News Corporation chairman and global media magnate , visited South Korea October 6 for a three - day stay . Murdoch is an owner of one of the largest media conglomerates holding the Wall Street Journal , New York Post , the Times , Fox TV , Star TV and the 20 th Century Fox . Murdoch visited South Korea eleven years ago in 1998 . Murdoch landed on South Korea after attending the conference hosted by the Dow Jones , also owned by the News Corp . in Kyoto , Japan on October 4 , the News Corp . stated October 6 . Murdoch ’ s visit is aimed to mull over the prospect of the newspaper industry . The future of paid newspapers is being threatened as readers can easily access to free news services through on - line . Murdoch is seeking to search for new business models providing paid news services through mobile devices and the Internet in the information technology ( IT ) savvy South Korea . Murdoch plans to meet Choi Gee - sung , President of Samsung Electronics , and discuss new business models offering paid news contents through mobile devices . Samsung Electronics is projected to present a new contents model ( application ) distinguished from Balckberry or iPhone to Murdoch . Murdoch will then call on Hwang Jang - yop , a former North Korean politician defected to South Korea . He will visit Panmunjom , the Joint Security Area , and look into the present situation of North Korea as well as efforts for Korean unification . Murdoch will depart to China in the afternoon of October 8 upon the completion of his three - day visit . [ written by Seung - hoon Lee , Jae - Gwon Sohn , translated by Ye - sol Yi , edited by JYJ ] [ ⓒ Maeil Business Newspaper & mk . co . kr , All rights reserved ]