Matteo Pasquinelli on Tue, 7 Apr 2009 22:22:14 +0200 (CEST) |
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<nettime> Google dubbed internet parasite by WSJ editor |
[ re-enter the parasite. /m ] "There is no doubt that certain websites are best described as parasites or tech tapeworms in the intestines of the internet." Google dubbed internet parasite by WSJ editor http://www.theaustralian.news.com.au/business/story/0,28124,25293711-7582,00.html COMPANIES that aggregate mainstream media content without paying a fee are the "parasites or tech tapeworms in the intestines of the internet" and will soon be challenged, Robert Thomson, the Australian- born editor of The Wall Street Journal has warned. "The Wall Street Journal breaks more stories than any other newspaper in the world." - Robert Thomson, editor of The Wall Street Journal Thomson, who was holidaying in Australia last week, said companies such as Google were profiting from the "mistaken perception" that content should be free. "There is a collective consciousness among content creators that they are bearing the costs and that others are reaping some of the revenues -- inevitably that profound contradiction will be a catalyst for action and the moment is nigh," he told Media. "There is no doubt that certain websites are best described as parasites or tech tapeworms in the intestines of the internet." Thomson, a former editor of The Times who was appointed editor-in- chief of Dow Jones and managing editor of The Wall Street Journal last May, said consumers must understand why they were paying a premium for content. "It's certainly true that readers have been socialised -- wrongly I believe -- that much content should be free," he said. "And there is no doubt that's in the interest of aggregators like Google who have profited from that mistaken perception. And they have little incentive to recognise the value they are trading on that's created by others." Thomson said Google benefited from aggregating content from The Wall Street Journal and other newspapers. "Google argues they drive traffic to sites, but the whole Google sensibility is inimical to traditional brand loyalty," he said. "Google encourages promiscuity -- and shamelessly so -- and therefore a significant proportion of their users don't necessarily associate that content with the creator. "Therefore revenue that should be associated with the creator is not garnered." In contrast, Thomson noted Dow Jones' Factiva information service paid licence fees to its content providers. "The model is entirely different and certainly proper," he said. Thomson argued aggregators "need to be honest in their role as deliverers of other people's content". And as those sites were exploiting the value of mainstream media content, "we have to be at least as clever as they are in understanding the value of our own content". He said "quite a few newspapers are ready to have a serious discussion about whose content it is anyway". Thomson's comments came as Rupert Murdoch, chairman of News Corporation (owner of The Wall Street Journal and The Australian) revealed last week News was considering an investment in a Kindle-like e-reader. E-reader devices aim to provide a mobile platform on which online newspapers can be effectively displayed. Meantime Thomson said it was "amusing" to read media blogs and comment sites, all of which traded on other people's information. "They are basically editorial echo chambers rather than centres of creation, and the cynicism they have about so-called traditional media is only matched by their opportunism in exploiting the quality of traditional media," he said. Thomson also said it was incumbent on content creators to make their own websites compelling for readers. While the Journal earned online subscription revenues, Thomson said few US news groups had yet to learn how to make money online. "Papers should look at what their assets are -- is it their people? What is their role in any given society? And how do those assets play on the web? So how do we create an experience for readers using those assets which is clearly a premium experience? "And if you think that through starting from first principles rather than from an existing business view, there are opportunities. But I'll leave it to others to figure out what they may be." # distributed via <nettime>: no commercial use without permission # <nettime> is a moderated mailing list for net criticism, # collaborative text filtering and cultural politics of the nets # more info: http://mail.kein.org/mailman/listinfo/nettime-l # archive: http://www.nettime.org contact: nettime@kein.org