Trying to lead the way with paid content in attempts to stop the downward spiral that is enveloping the media world, Dow Jones CEO Les Hinton continues to point the blame at the Internet and Google for sucking the blood out of the newspaper business. He says Google wasn't always a digital vampire but "the newspaper industry gave Google’s fangs a great place to bite."
Hinton works for Rupert Murdoch who owns it all, would like to own more, and makes no secret of his distaste of the way things have evolved. From where I sit, there is plenty of blame to go around.
I may be ultimately proven wrong here, (I doubt it) but I think history will probably prove that Murdoch's crass and vulgar approach to 'news' and selling it (in a variety of mediums) had more to do with the decline of big media than the Internet or Google ever did.
But then vampires don't see their own reflections in the mirror now do they.
