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@ CMS2010: Jimmy Wales: Papers Should Ditch Columnists, Google Is Naive

Not sure on what basis the Wikipedia founder pontificates about the future of news media, but every disruptor deserves his say, so Jimmy Wales took the opportunity at MediaGuardian’s Changing Media Summit…

On Google’s China problem: Wales likened Google’s position up ‘til recently (agreeing to censor results in order to make in-roads) to how businesses regarded “apartheid South Africa” in the 80s - a reluctant embrace, but involvement nonetheless. “I know Larry and Sergei and they’re a little bit naive. They are idealistic and very, very wealthy - and quite young. They don’t need another few billion from China.” So now Wales, whose Wikipedia there was blocked for a time, ‘very strongly supports Google” in what may be a principled retreat from China.

What’s eating traditional media?: “There are things communities do better than the traditional model ... The best of the political bloggers are easily the equal of the opinion columnists at the New York Times (NYSE: NYT). I don’t see the added value there and question whether a newspaper should be paying large sums of money for that anymore. The traditional newspaper publishing cycle doesn’t really work that well online. In the newspaper business, we’re selling the stale bread, which is the print paper, and giving away the fresh bread for free (online).”

Wrong kind of cutbacks?: “The basic nuts and bolts of traditional journalism is something we’re not seeing being replaced by communities. Large segments have basically been cut out - that’s a mistake because there is a demand for that information. A lot of the moves that have been made have been cuts in the wrong areas.

Mar 18, 2010 7:08 AM ET

Jimmy Wales

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Posted In: Companies, Google, Countries, Asia, China

  • Dave Martinez

    Keith, spot on mate. These Imperialists think that media profits are their given right, just because they have been profiting for as long as they can remember.

    "Analogue minds in a digital age"? Sounds like someone would still like to operate analogue business models in a digital age, more like.

    Someone invent a time machine and take daddy and jr to the 80's where they belong.

  • Keith Geddes

    I saw the BBC coverage of James `lecture` and thought WHAT a glorious example of a new American business man.. HE knows best, he cant be wrong, and telling everyone else what has to be done.. TO the BBC, which is still paid for by law by us, who still rest on their historicial laurels after selling OFF most of its assetts, er, WHO did they belong to and where did the money go? SO.. one money maker telling a fireproofed authority how to suck eggs really. Daddy is hell bent on charging for all on line news, and good luck!! I`m not paying extra for anything. They REALLY do think they are THE way forward, all brainwashed.

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