Rupert Murdoch, one of the world's biggest newspaper proprietors, on Wednesday told American editors that they had all been ?remarkably complacent? about the effects of growing internet use on the newsprint industry.

?I didn't do as much as I should have after all the excitement of the late 1990s,? Mr Murdoch admitted. ?I suspect many of you in this room did the same, quietly hoping that this thing called the digital revolution would just limp along.