Oct 22, 2009

Google's Schmidt - stronger quote

Carr quotes Schmidt on p2. but he expressed the stronger sentiment on Oct 1, to Danny Sullivan of Search Engine Land. "Well-funded, targeted professionally managed investigative journalism is a necessary precondition in my view to a functioning democracy. And so that’s what we worry about. And as you know, that was always subsidized in the newspaper model by the other things that they did. You know, the story about the scandal in Iraq or Afghanistan was difficult to advertise against. But there was enough revenue that it allowed the newspaper to fulfill its mission." Amen!

in reference to: The Media Equation - What Would It Take to Support a Newsroom? - NYTimes.com (view on Google Sidewiki)