News Corp. president wants consumers to pay their fair share

For Chase Carey, News Corp.'s new president and chief operating officer, the math in the media business is pretty simple these days: Getting paid one way is good. Getting paid two ways is better.

Whether it's broadcast television, newspapers or Internet video, the key to survival is supplementing advertising revenue with subscription fees and other revenues derived, directly or indirectly, from consumers, said Carey in an interview Thursday at the Dow Jones/Nielsen Media & Money Conference.