Rupert Murdoch, billionaire and owner of such sundry properties as the Wall Street Journal and MySpace, is sick and tired of Google "stealing" his content. After all, Google makes their money indexing and making his content available to the world, so why shouldn't he get a slice of that pie?
Or that's his antiquated point of view. But he's threatening to put his money where his mouth is: block Google from displaying content from his News Corp. sites like the Wall Street Journal in its search results.
Take that Google!
Of course, that would instantly reduce traffic to WSJ.com by at least 25%.
Nose. Face. Cut. Spite.
Murdoch is clearly unaware of how economies are working nowadays (ironic since the Wall Street Journal is, you know, a financial publication) - not all that surprising considering word on the street is Murdoch only began using the Internet a year ago. To quote
Jeff Jarvis of BuzzMachine:
"This silliness is emblematic of the end of the Gutenberg age, the industrial age, the age of control, the age of centralization, Murdoch’s age. The problem here is that Google-virgin Murdoch simply does not understand the dynamics of the link economy. He roars against them. Google et al do not take his content, they send it audience and value. It is up to him to exploit that. The business failure here is Murdoch’s, not Google’s."
Exactly. Failure to adapt. Of course, Murdoch could try it, see that it doesn't work and then just as easily make his sites searchable again. If he does that he's going to have to eat a whole lot of crow and, from what I understand, billionaire businessmen aren't too fond of doing that.
I have a quote on my office door which I think is appropriate:
"In times of profound change, the learners inherit the earth, while the learned find themselves beautifully equipped to deal with a world that no longer exists."
Image courtesy of here.