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Rubbish!
Google's Human Resources department doesn't make any money either, yet it exists, along with other loss-making divisions.
Google as a whole is a very profitable company, and it could easily pay publishers over the long run. It just doesn't want to.
"As Google News itself makes no money (we do not show any advertising on the site) this new approach is simply not sustainable. " Rubbish! Google's Human Resources department doesn't make any money either, yet it exists, along with other loss-making divisions. Google as a whole is a very profitable company, and it could easily pay publishers over the long run. It just doesn't want to.
Things are going very badly for a global internet if we are discussing a web site "shutting down in spain". Of course we all know what that means and it seems very sensible in 2014, but remember - if someone had told you in 1998 that a certain website would not be operating in country X, you would have laughed and explained to them (like a child) that the Internet was a single global network and that if one had Inter…
Why can't the just display the headline and no snippet from the article text? Or does that count as a snippet? But wait... what about the actual organic search results? Do they have to remove Spanish news articles from that too?
"As Google News itself makes no money (we do not show any advertising on the site) this new approach is simply not sustainable. " Rubbish! Google's Human Resources department doesn't make any money either, yet it exists, along with other loss-making divisions. Google as a whole is a very profitable company, and it could easily pay publishers over the long run. It just doesn't want to.
Just because you can afford to subsidize something doesn't mean you should. HR has a purpose inside Google, it has an output (payroll, disputes) fair to the input ($$$). Google News would take in $$$ and return nothing.
Since when Google makes money by putting ads on their sites?
Since when Google makes money by putting ads on their sites?
A pertinent quote from the Guardian article on this story: Germany passed a similar law to Spain’s and Google removed newspapers from Google News in response but in October publishers reached an agreement with the company after traffic to their websites plummeted.
Can someone comment on the goal behind designing the Spanish law this way? I speculate that they consider Google News to have monopolistic power, so that even if a fair market in snippets would set a finite price Google News would still use its clout to drive that price to zero by removing individual papers who tried to charge. A mandatory price would counter act this, similar to the way that government mandates to p…