Valleywag reports that entire US newspaper business is valued at $20 billion. Sergey Brin and Larry Page are worth about $16 billion each.Foremski’s Take: US newspapers didn’t realize GOOG is a media company until it was too late. Google was able to scrape its content virtually for free, from newspapers and other web sites, and sell advertising around that content. Newspapers spend huge amounts of money to create their content.Newspapers, and other media companies, [...]
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[Source: The Money Blogs]
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