newspapers

“The money that was going to newspapers, a lot of it just isn't spent at all, or it's spent income not on Google and Facebook, but in other places at a 10th or a 100th of the price.”

“The lines on the chart have been going in the same direction for sort of 10 or 15 years, it's just they kind of reached a crisis point, sort of for newspapers five years ago and for magazines now.”

“And it's not, now they actually are using the content and not sending the traffic to the newspaper. And so that whole newspaper argument that you are using our content goes from being dishonest nonsense to being actually true.”

“And this is, in many ways, just a kind of, it's one of those arguments that just sort of disintegrates as soon as you poke at it, in any way at all, because they don't argue with, they don't, they think they're the only people that should get paid, not anyone …”

“The problem, newspapers problem is not that Google and Facebook have a monopoly. The newspaper's problem is that the newspapers used to have a monopoly and they don't anymore.”

“If you made Google display a separate business, all the people buying ads on Google display are not going to shift Those adds to newspapers, and that's not going to become like a bigger business.”

“Newspapers uniquely, I think, you had this revenue model that was completely unrelated, bolted onto the news, which is classified ads, which people think means like individual consumers, but it actually means like car dealerships and real estate agents and so …”