Dow Jones Chief Executive Les Hinton has been bitten by a vampire. He claims that Google is the “digital vampire” that has been “sucking the blood” out of the newspaper industry.
I totally agree!
Hinton must have been bitten by a vampire. How else do you explain such nonsense coming from the man responsible for one of the largest publishing companies–and owners of The Wall Street Journal.
He continues his deluded rhetoric:
[Google] didn’t actually begin life in a cave as a digital vampire per se. The charitable view of Google is that the news business itself fed Google’s taste for this kind of blood.”
By offering its content free on the Web, the newspaper industry “gave Google’s fangs a great place to bite,” he continued. “We will never know what might have happened had newspapers taken a different approach.”