Google not in the 'Content' Business
Friday, November 6, 2009
By: Chris Mars
Recent rumors about Google's plans to buy the New York Times are dismissed by the Google CEO, Eric Schmidt. The interview explains Google's decision to stay away from the "content" business and instead "focus on being a supplier of platforms." Schmidt stressed the fact that they need the content but they are "better off powering it, not writing and owning it."
This is positive to see Google turn down this opportunity and realize their abilities. Although, it would make for a pretty interesting and powerful marriage. Even though Google had a solid reason to turn down the opportunity, could this be a nice way for Google to say the New York Times' future isn't worth the risk?
Photo Credit: Mediabistro.com
1 comments:
With all the hype and worry over the news industry, it seems Google has opted not to join forces with the New York Times because of the news' recent decline. This could be good for Google, since most view them as simply being a content entity, but it could have also helped them once the news industry has their next big boom if it ever does. Maybe partnering with the newspaper could have been a start in the incline of the news industry though? Google could possibly rethink this move for the news industry's sake.
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