A “New Deal” For Online News & Search Engines?

Investment pundits have been scratching their heads this week over billionaire investor Sam Zell’s $8.2-billion purchase of Tribune Corp., publisher of the Chicago Tribune and Los Angeles Times, and owner of other old-media properties. Newspapers have been bleeding cash and losing both money and eyeballs to online news, job and classified sites over the past several years. So what does Zell, regarded as a legendary market timer, know that makes him willing to pay up for the Tribune when prospects for the business look so glum?

In a speech at Stanford Law School last night, Zell offered some insights—and if he acts on his words the consequences for Google and other providers of online news and information are likely to be significant. In an article in the soon-to-be Zell-owned LA Times, Zell was quoted as saying “If all the newspapers in America did not allow Google to steal their content for nothing, what would Google do, and how profitable would Google be?” Not very, he said.

He went on to say that there needed to be “a new deal and new formulas” between newspapers and Internet companies.

Which raises an interesting question: How will Zell’s attitude affect Topix.net, a news aggregator in which Tribune is a major investor?

Related Topics: Channel: SEO | Google: Critics | Google: News | Legal: Copyright | Legal: Crawling & Indexing | Yahoo: News

Sponsored


About The Author: (@CJSherman) is a Founding Editor of SearchEngineLand.com and President of Searchwise LLC, a Boulder Colorado based Web consulting firm. He also programs and co-chairs the Search Marketing Expo - SMX conference series.

Connect with the author via: Email | Twitter | Google+ | LinkedIn



SearchCap:

Get all the top search stories emailed daily!  

Share

Other ways to share:
 

Read before commenting! We welcome constructive comments and allow any that meet our common sense criteria. This means being respectful and polite to others. It means providing helpful information that contributes to a story or discussion. It means leaving links only that substantially add further to a discussion. Comments using foul language, being disrespectful to others or otherwise violating what we believe are common sense standards of discussion will be deleted. Comments may also be removed if they are posted from anonymous accounts. You can read more about our comments policy here.
  • http://www.ogletreeseo.com ogletree

    Well they do have assets. They have a lot of content. I would love to have all their content.

  • http://www.topranksearch.com David

    Newspapers??? Old news is not news.

    There are some fantastic news Blogs out there – a lot on Blogger.

    No problem and no auto dealer inserts to instantly toss.

    This is just a guy losing $$$s being bitchy.

    My local newspaper in Charlotte (The Observer) slaps a pop up in front of you the moment you open the site – how old and uncool???

Get Our News, Everywhere!

Daily Email:

Follow Search Engine Land on Twitter @sengineland Like Search Engine Land on Facebook Follow Search Engine Land on Google+ Get the Search Engine Land Feed Connect with Search Engine Land on LinkedIn Check out our Tumblr! See us on Pinterest

 
 

Click to watch SMX conference video

Join us at one of our SMX or MarTech events:

United States

Europe

Australia & China

Learn more about: SMX | MarTech


Free Daily Search News Recap!

SearchCap is a once-per-day newsletter update - sign up below and get the news delivered to you!

 


 

Search Engine Land Periodic Table of SEO Success Factors

Get Your Copy
Read The Full SEO Guide