However, they resulted in a $3.4bn net loss for the full year, down from net income of $5.4bn a year earlier, reflecting $8.9bn in impairment charges.
The sweeping decision by the owner of titles including The News of the World and The Australian to abandon the practice of giving away news in exchange for attracting a large audience for advertisers could embolden other publishers warily examining paid content models.
"We intend to charge for all our news websites," Mr Murdoch said.
"If we're successful, we'll be followed by all media," he added, predicting "significant revenues" from charging for differentiated news online.
Rupe, ol' boy; the reason you are losing audience and ad revenue has nothing to do with your business model and everything to do with the bias, slant, and deception regularly peddled by your rags as "News."
It doesn't matter if you change how you sell your lies; people still will not buy them.
People want the truth, and they will go where they need to to get it.