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The Media

+ - How Much Is the News Worth to Google?

Submitted by
jalefkowit
jalefkowit writes "Samuel Zell, the billionaire real estate tycoon who last week bought his way to leadership in the media business by organizing a $16 billion buyout of the Tribune Company, took aim at Google and other search engines yesterday. In comments to students at Stanford Law School, Zell indicated that if search engines don't share more of their revenue with the news sites they index, those sites might simply shut down Google's access to them — or even stop publishing online altogether:

"If all of the newspapers in America did not allow Google to steal their content, how profitable would Google be?" Zell said during the question period after his speech. "Not very."


The Tribune Company operates 16 newspapers and 23 television stations across the US. Among the company's flagship properties are the Los Angeles Times and Chicago Tribune newspapers and Chicago-based TV "Superstation" WGN."

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