Thursday, December 3, 2009

Google To Newspaper Industry: Don't Shoot The Gift Horse That Feeds You

Google's been taking a beating from the newspaper industry lately, and Rupert Murdoch in particular. But the Murdoch-owned Wall Street Journal let Google CEO Eric Schmidt respond today in an Op-Ed piece which basically says: Hey, we know the Internet is killing your business, but don't blame us. Google is here to help.

Google sends news sites 4 billion clicks a month, and Schmidt says it wants to assist the media industry in coming up with new ways to make money from their content.

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