SEARCH OUTFIT Google has told newspaper and electronic media baron Rupert Murdoch that it is trying to save his failing industry and he should stop whining.
Google CEO Eric Schmidt told the Wall Street Journal that he had a gutsful of newspaper publishers scapegoating Google for their own poor performance.
He said that Google wanted to help the troubled industry build online revenue but publishers are moaning about dwindling revenue and diminished resources.
Schmidt said too much anger is currently directed at Google, whom many executives view as getting all the benefit without giving much in return.
The Wall Street Journal's parent News Corp chairman Rupert Murdoch has accused Google of "stealing" stories without sharing advertising revenue. He has threatened to block Google from indexing his newspapers' websites.
But Schmidt said Google is a "great source of promotion" for newspapers through its aggregator website Google News and other services.
Schmidt said the industry is stuffed because it became too complacent due to its past monopolies. He acknowledged that it has been difficult for newspapers to make money online but said there was no single cause or a single solution.
We don't recommend the Wall Street Journal site because it demands you pay Rupert to see the story. After a search on Google we found the story here, where Rupert had flogged it to AFP. µ
The world would be a better place if Murdoch's propaganda rags were simply dropped from the net, radio & TV.
He and his geriatric sociopaths can all go sit in a room and agree with each other while their friends get arrested one by one for tax evasion.
Do no Weapons of Murdoch Distractions, even though the oxen and
fatted cattle are killed,
a Currant Bun's not worthy
a shillobeth's address.
Therefore go onto the highways, and as many as you find, invite,
for verily I say unto you,
"I'm feeling lucky".
"Dig it like a shovel rhyme devil
On a heavenly level
Bang the bass - turn up the treble
Radical mind all day and night
the time Seven to fourteenwise divine
Maniac brainiac winning the game
It's gettin'
it's gettin'
it's gettin' kinda hectic"
They had the time, resources and market share to innovate and launch themselves into the internet age in a dominant position. They failed because they thought themselves better than to meddle in the unwashed masses' medium of the internet and were far too comfortable in their monopoly of selling expensive, advertisement subsidized, toilet paper. Because of this lack of foresight and arrogance, they are deservedly dying and are willing to lash out at everyone on their way down.
They go crying to the government "Save our obsolete and antiquated business model", yet they call themselves capitalists.
Old guard irrelevant, dinosaurs. Your bones will soon be in a museum for all to see, as an example of what evolution does to those who do not adapt.
Does nobody realise what he's up to?
First he announces in a blaze of publicity that Google are 'stealing' and he's going to stop them (eg stop the indexing). But he doesn't DO anything for months while he chats with potential pay avenues (like apple).
He can't collude with his competitors to agree a way forward, so what he's doing is openly stating his plans and trying to get them to push similar plans through their boards. Then after the right time has elapsed he puts up the paywall and hopes that ALL his competitors do the same at the same moment.
Result, he's put the clock back to AOL days and given himself another revenue stream - as well as selling advertisers a higher value personalised stream of users (I'll bet its difficult to block ads via this system).
The only way it works is if lots of firms do the same at the same moment, and the rates are low. Expect to see 'copyright infringement' cases being thrown left and right to try to prevent other news outlets carrying versions of 'his' stories. Even if they don't work, he wants the chilling effect. Also expect some 'Murdoch exclusives' lined up to sell the value.
This is a last gasp strong play - he will play dirty and hard to try to leave a legacy rather than a failure. Bloggers can expect to find themselves on the end of court cases - and most of the online community are not ready for how vicious a cornered dog can be.
As it appears, Murdoch was too slow to invent "Google" and is as annoyed about it as is also Microsoft.
Cannot remember if it was Gates or Ballmer who told us that they could have easily invented search, the explanation to why they did not, I cannot remember.
So the simple solution for Murdoch is if he does not like to bye Google to compete with his own search machine.
The situation is a bit like when Windows just took its share and the "competition" just accepted it without a fight.
On the other hand it could be quite interesting to see how it turned out for Google and Murdoch if Murdoch banned Google.
You state that Fox is number 1, and I probably agree, only because Fox is the TV version of the National Enquirer. We all know how sensationalizing both are, and that is what a lot of the public wants.
http://nomadicjoe.blogspot.com/2009/12/when-mogul-googled.html
He's just running scared on the amount of free news thats about.
I use the BBC online for 90% of my news as I pay for it. Why would I buy one of his newspapers or even look at his websites??
This is why Murdoch hates the BBC. His business model is out of date and if I was to bet on which one was still around (the BBC or Murdoch's papers) in ten years time I'd put my money on the BBC. Sure the licence fee may change but I cant see anyone crying if the Sun folded (ha).
I totally agree with Schmidt statement "the industry is stuffed because it became too complacent due to its past monopolies." The signs of everything online being public have been out there ever since the very beginning of the web, if you truly understood it's path. Similarly to some people crying about a 'Highway' being built in their front yards as this Great Nation expanded years ago, while others built convenience stores & gas stations in place of their homes; you need foresight. Surely Mr. Murdoch had that when he first started his publishing empire but he mistakenly thought his "Media Muscle" would continue though this 'internet thing'... That's what I love most about the Internet, it surely leveled the playing field and unarmed the rich who always rose to the top because of sheer influence. Influence is now truly controlled by the masses and the masses have spoken, Mr. M. should do more listening and then shouting or at the point less whinnying....
P.S. The best thing Google could do is 'Un-Index' FOX as Mr. M has requested so he could see for himself that 'Driving Drunk Does Kill'....
Hurrah!!! For anybody who stuffs that diminutive greedy Australian bastard.
Perhaps then, Murdoch's products can move into their next logical progression. From Newspaper to Toilet paper. Most of it is already there. Everybody has a bum.
Newscorp can then change their name to 'Down Under Dunny' or DUD for short.
Perhaps Rupert is concerned, with Googles international influence, about world wide influence of news organizations. Fox news already gets blackballed in the US.
News is a product. In the US tune into any one (CBS,NBC, MSNBC, ABC, CNN) and you get the same story. Fox actually gives options... and that might be why it has the highest ratings in America and... doesn't have to scrounge for revenue.
Lets have the world's media in lock step... Yippee! That will really improve the crediblity of todays "news" won't it?
It’s about time someone told Murdoch to get a grip and realize just what he’s talking about, as he so clearly does not understand just how important companies like Google are to his business.
Google is an online register and search engine combined and one of the most successful online companies in the World of its type. It strikes me, as though Murdoch is only jealous of Google’s success and that he Murdoch can’t understand why from his comments, do you not agree?
The links given in Google to News items etc, are there due to search popularity mainly, if News Corps wishes to be excluded from any the public register Murdoch will exclude his business and loose revenues as direct result as revenue from adds are News Corps primary revenue stream.
Signed Carl Barron Chairmain of agpcuk
http://carl-agpcuk.livejournal.com/