In the latest saga of the newspaper industry’s drama, Google has announced it is NOT buying a newspaper.
Well, what a relief!
The Financial Times reports “potential targets are either too expensive or have too many liabilities.”
No! Shocking.
In my mind, Google’s daydreaming is only that: a fantasy. Plus, they really don’t want to get into the newspaper business as it would expose them to too much liability.
As it stands, under current federal laws they are basically immune from any kind of lawsuits involving content.
Stand strong, Google. Don’t be a writer. Just be a provider.
Believe me, in the end, you will make more money …