There seems to be a little misunderstanding of the lessons to be drawn from the mess Spain has made over Google Google News. That legislative decision that I described as being ” an example of purblind incompetence in the making of public policy” in these pages. There’s also the fact that Google does indeed produce Google News around the world without taking advertising on it but the fact that it produces it must mean there is some benefit to doing so even in the absence of such a direct revenue stream. Given this shouldn’t Google therefore be sharing some of that value with the newspaper publishers, as the Spanish are demanding? The answer is no, almost certainly not and there’s an intriguing guide to why not in what happens over at Yahoo Yahoo News.
Read More