Robert Thomson, managing editor of The Wall Street Journal, recently attacked Google but made a really important point in doing so: “Google devalues everything it touches,” Thomson said. “Google is great for Google, but it’s terrible for content providers, because it divides that content quantitatively rather than qualitatively. And if you are going to get people to pay for content, you have to encourage them to make qualitative decisions about that content." Recognition of quality of content rather than just availability or quantity of content is a key issue for sure.

WHERE IS QUALITY FOUND
While "quality" is hard to measure lets assume we know intuitively what is meant. Google has managed to sift a huge pile of detritus and makes it easier to find. It is a business and entirely normal (i.e. not evil) it gets paid for that. It is however so dominant it can now effectively extract a toll, as advertising revenue diverts from print journals to online, only the most major website could sell its own space in competition with AdWords etc..
HOW DO WE PAY FOR CONTENT NOT ACCESS
Nevertheless, we need a viable economic and legal model for the good guys to put thier material online. In my even the most trusted news bloggers are slightly more opinionated than mainstream media and recycle its content. As a group the predominance of bias, echo chamber and single issue makes it interesting but frustratingly unreliable.
We do need more disciplined journalists in the media, clearly nobody does original balanced reporting for fun and it costs a lot to do it and retain producers and editors accountable for balance.
Complaining about Google is not the answer, au contraire I think it is an essential service though perhaps under-regulated. Cutting out newsprint and syndicating news distribution with rights reserved may prove a viable model though extremely competitive!
Perhaps like banking the market tells us there is over-capacity and nobody can make money while that persist ... do I personally care if Sky News, Fox, Daily Mail and The Times disappear to make the FT, The Guardian, BBC and Channel 4 more stable businesses.
Posted by: jayprich | March 07, 2009 at 05:26 PM
Two related posts which I wont overflow your pages with here:
http://tinyurl.com/bclno7 - Why Time Warner may have the answer and:
http://tinyurl.com/dn7rmg - How to mend what isn't really broken
Jan
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