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Eric Schmidt says in general paid content plans don't work online

Print publications that run websites are fighting to convince their peers and readers that paying for content online is the only way to go. The problem is that a generation of internet users are used to getting content for free and getting them to pay for the content will be difficult if not impossible.

Publishing tycoon Rupert Murdoch has previously stated that his company will begin charging for access to the content on all of its websites. Currently the only publication that charges for content in Murdoch's empire is the Wall Street Journal.

Shortly after Murdoch made the decree that all of News Corps. websites would charge for access to content, Google CEO Eric Schmidt scoffed at the plan and said that newspapers don’t want to "piss off" readers. Schmidt has again scoffed at Murdoch's plan to charge for online content.

Schmidt told attendees at a meeting of a group of British broadcasting executives that it would be very hard to charge for content online because the same content is available free.

Reuters quotes Schmidt saying, "In general these models have not worked for general public consumption because there are enough free sources that the marginal value of paying is not justified based on the incremental value of quantity. So my guess is for niche and specialist markets ... it will be possible to do it but I think it is unlikely that you will be able to do it for all news."

Schmidt is basically saying that the Wall Street Journal being successful with charging for content online is the exception, not the rule.

Murdoch has still not rolled out his pay for content scheme to any of the other websites in his publishing empire; perhaps he knows deep down that wishing readers would pay and getting them to do so are two very different things.

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RE: Faux News - We Distort, You Abide.
By headbox on 9/18/2009 6:55:36 PM , Rating: 2
The fact that you're not even aware of the manipulation done by the agenda-driven media empire, with Murdoch as chief neo-con architect, makes your entire line of thought irrelevant. Fox is just another fear-mongering corporation that sells us a 2-party system instead of a truly independent view of our nation.

The biggest joke is the idea that Republicans are "conservative" with their interventionist overseas empire, big deficit spending, loss of moral reputation, and regulation on everything ...but just a little less than the "left" so they can still say they're on the "right."

By Shining Arcanine on 9/18/2009 7:49:50 PM , Rating: 2
I think that you are not even aware of the fact that you lack a truly independent view of the situation.

You keep going on about it without any sort of thought as to what the actual situation is like. The biggest joke is that my description of you accurately describes most people when they talk about politics.

"When an individual makes a copy of a song for himself, I suppose we can say he stole a song." -- Sony BMG attorney Jennifer Pariser

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