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Newspapers representing about 90% of Brazil's circulation have barred Google (GOOG) from...
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Sunday, October 21, 2012, 10:22 AM ETNewspapers representing about 90% of Brazil's circulation have barred Google (GOOG) from publishing their headlines after the web giant refused to pay for the content. The newspapers claim sticking with Google has cost them a drop in digital readership of about 5%. Google compares the newspapers' demands to taxing a taxi driver for taking tourists to a particular restaurant.
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This news story has 16 comments:
Didn't some Euro papers try this also a while back?
The landscape of Google's profits will dwindle dramatically, and Brin et. al. will look much less like like Gods when content producers across the spectrum make this realization.
Facebook's high profit margins are also borne on the backs of content created by others. Let facebook start paying those billions of people too!
If Obama institutes a police state, it will probably expropriate all the information.
Individual hails a cab, get in and says, "where can I find a good Brazilian steak?" (Search Terms), The taxi driver replies, "well, there are 5 Brazilian steakhouses within 3 miles, named....", (search results). The patron, (rider in the taxi) replies, "take me to the Brazilian Cowboy Steakhouse", for no other reason than he likes the name. The taxi driver brings him there.....and then has to pay the restaurant $5 for delivering the customer, thereby destroying any profit he might have made in terms of the fare. You see, google delivers people to your sight. They had to develop an algorithm to deliver the best results from your keywords. They have thousands of servers around the world that cost money to maintain and keep up with the latest technology updates. They need to make money. They make money hand over fist, because they are the best and have found intelligent ways to monetize their technology. I know from first hand experience. Their web results are the best. If you demand them to pay you for the "privilidge" you are either communist or haven't taken Economics 101....or perhaps you are just from Micrsoft and very frustrated that no one likes Bing....even though the new background photo you put up everyday is so cool....but then why does everyone navigate to google to do their searches after looking at the photo of the day?....that's what I do!