I'm not an expert but found this quite remarkable:

Murdoch: Web sites to charge for content - CNN.com

I doubt it will happen as planned. Once most newspapers start charging for all or most of their online content, who will pay for it? As I see it, many if not most people will look for free alternatives which could create opportunities for small webmasters like us.
I think the newspapers will have a hard time monetizing their sites and will have to be very inventive to stay profitable.