This link has been bookmarked by 11 people . It was first bookmarked on 25 Jun 2009, by nico flores.
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05 Jul 09
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26 Jun 09
adelgadobThe Internet search giant is “sucking the blood” out of the newspaper business, Dow Jones Chief Executive Les Hinton complains, before hinting he's working on a cure.
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Tac AndersonI just don't even know what to say about that. Yes Google destroyed your business model but if it hadn't been Google it would have been someone else.
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Les Hinton raised the rhetoric a notch, calling the Internet search giant a vampire “sucking the blood” out of the newspaper business, and promised that new developments would level the playing field.
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25 Jun 09
carlos guyotThe gloves are coming off in the intensifying battle between newspaper publishers and Google.
In a keynote speech at the annual PricewaterhouseCoopers Entertainment and Media Outlook event Tuesday, Dow Jones Chief Executive Les Hinton raised the rhetoric -
Martin StabeLes Hinton: "There is a charitable view of the history of Google,” ... “[It] didn’t actually begin life in a cave as a digital vampire per se. The charitable view of Google is that the news business itself fed Google’s taste for this kind of blood.”
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“Dow Jones is just at the end of developing a new platform from which to conduct business on the Web,” he said. “Imagine this future: the Journal is one of the many newspapers you might buy in one place and with one payment… Watch for it.”
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