Earlier this week, Amazon announced its new, larger format Kindle designed for newspapers and other larger publications. The New York Times, the Boston Globe and the Washington Post have said they will deliver newspapers on the device. News Corp‘s owner, Rubert Murdoch, is unconvinced. He stated that his company is not interested in handing over its content to the people who made the Kindle. Instead, he expects that one of his general newspapers will start charging for online content within the year. At yesterday’s Senate hearing, Dallas Morning News exec James Moroney mirrored Murdoch’s sentiment, complaining that Amazon wants 70% of subscription revenue from the newspaper.