Linked by Thom Holwerda on Mon 23rd Nov 2009 14:58 UTC
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Member since:
2006-01-06
No, if that were actually true, Murdoch wouldn't even bother with the Internet. He clearly understands the competitive threats to this business, knows where the ad revenue is going (Google), and is responding in kind. How is that "old school"?
That's just pathetic.
Like who? Al Gore?
Many people don't seem to be able to grasp/acknowledge that NewsCorp and other news-gathering organizations offer a TON of value in their content. Don't think so? Do you read news? Do you watch television? WTF do you think collects the news? Gnomes? Magic fairies? It's reporters on the ground. Somebody has to pay them, or you don't get news.
The traditional print revenue model is dying because it no longer makes sense to distribute physical newspapers anymore. Google and other dotcoms suckered people with their mantra that "content should be free", but that doesn't leave any room for NewsCorp to make any money.
What we have here is a situation where Google is riding on NewsCorp's back -- making tons of advertising revenue that previously went to newspapers -- and Google is stingy. They want to index NewsCorp's content, suck all possible advertising revenue, but not pay NewsCorp for what it's worth.
Does that really strike you as fair? Why should Google get a free pass on this? Why is NewsCorp the bad guy? They pay reporters to gather news. Do you really think they should operate as a charity for Google? No freaking way. That's lunacy, and the sooner that people understand what's happening, the better.
Edited 2009-11-24 00:59 UTC