The (Media) Empire to strike back
Are we at a cusp of media upheaval? Are we soon going to see a war betting the old (traditional) media vs. new (Online) media?? Rupert Murdoch, speaking at the World Media Summit in Beijing, was mentioning that Search Engines and other content aggregators need to pay for any news reports or articles they currently take for free He said “The aggregators and plagiarists will soon have to pay a price for the co-opting of our content”. A Media Mogul whose company owns newspapers, other publications and TV channels across the globe, his view comes as ominous. He was particularly harsh on Search Engine like Google, Yahoo! And other websites like Wikipedia, YouTube and Facebook While Mr. Murdoch and other media companies are right that there is a price for the content they create. As content owners they need to be compensated for exploitation of the original content for commercial purpose. Having started my career with a media company, I have been taught and now know that there is nothing ...